Not sure where to invest? Take the 2-min quiz and we'll rank your top 10 suburbs.
Take the 2-min quiz12,000+ suburbs | 110k+ live listings | refreshed daily
Sign up free to save this suburb, build a shortlist, and compare against 12,000+ Australian suburbs.
See a sample suburb report before signing up or paying. | Take the 30-second product tour
Taroona, TAS 7053
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$950,000
market range $925K-$1.1M
Median Unit
$1,170,000
market range $625K-$1.2M
Gross Yield (units)
1.9%
1yr Growth (houses)
+1.8%
market range -2.5% to +5.0%
Investment snapshot for Taroona
Taroona has enough public data for first-pass screening across yield, vacancy, price and supply signals.
Read the full Taroona verdict
Pros, risks, supporting metrics, investment score and cashflow. Included with Pro access.
Short-term access. No subscription. See all plans
See sample analysis before paying.
Investment score breakdown
See exactly which signals drive Taroona - yield, growth, affordability, vacancy, livability, safety, and demographics.
Access from $20. Cancel anytime. See all plans
Secure checkout by Stripe. Cancel anytime.
Taroona market and investor summary
In Taroona, TAS 7053, the median house sells for around $950K. House prices have moved +1.8% over the past year and -4.0% over three years. At 2.3% vacancy, it is a broadly balanced rental market.
Living in Taroona: people, income and schools
About 3,121 people live in Taroona, a count that has slipped about 2% over five years. At a median age of 47, it reads as skewed a little older, and 81% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
The typical household income runs to around $96,000 a year (about $1,850 a week). On socio-economic measures it ranks among the most advantaged in the country (10 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 9.9 times local household income, so affordability is a genuine constraint on local buyers.
Families have 11 schools within roughly 5km to choose from, and they test well above the national school average on ICSEA, a draw for education-focused families. Taroona sits about 7.6 km from the CBD. It is fairly car-dependent; the suburb scores 22 for walkability and 36 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.
- Population
- 3,121
- -2% over 5yr
- Median age
- 47 years
- Median household income
- $96,000/yr
- Households renting
- 15%
- Family households
- 73%
- Socio-economic rank
- 10/10
- ABS advantage index
- Schools within 5km
- 11
- avg ICSEA 1132
- Unemployment
- 1.9%
- Distance to CBD
- 7.6 km
- Walk score
- 22/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Taroona
View all →Frequently asked questions about Taroona
What should I check before investing in Taroona?
Taroona has enough public data for first-pass screening across yield, vacancy, price and supply signals. Use the available metrics below to compare it with nearby suburbs before relying on the suburb-level view.
What are typical property prices in Taroona?
The median property price in Taroona, TAS 7053 is $950K for houses and $1.2M for units.
What rental yield does Taroona show?
The gross rental yield in Taroona is 1.9% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
What does recent house price growth show for Taroona?
House prices in Taroona are up 1.8% over the past year and down 4.0% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.
How tight is the rental market in Taroona?
The current vacancy rate in Taroona is 2.3%. A rate under 2% generally signals a tight rental market. This suburb's rental market is balanced, favouring neither landlords nor tenants strongly.
How many people live in Taroona?
Taroona has a population of approximately 3,121 residents, with a median age of 47.
What schools are near Taroona?
There are 11 schools within roughly 5km of Taroona. Their average ICSEA sits well above the national mean of 1000, which points to a more advantaged school catchment. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Taroona affordable to buy in?
A median house in Taroona costs about 9.9 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Taroona's population growing?
The population of Taroona has fallen about 2% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
How far is Taroona from the CBD?
Taroona is about 7.6 km from the CBD.
Keep researching with PropRadar
Free tools for the rest of your investment decision, no card required.
Beyond each listing
PropRadar works across your whole search: shortlists and portfolios start free, while heavier discovery, export and advisory workflows are available on paid tiers.
Portfolio tracking
Track owned properties with portfolio value, LVR, yield, cashflow and allocation rolled up in one place.
Open portfolioWatchlists and saved searches
Shortlist up to 5 properties and suburbs for free. Essentials raises the limits and adds saved search alerts.
Open watchlistDeal Finder
A live Pro browser for undervalued listings with solid yield, ranked so thin price gaps stay out of the list.
Open Deal FinderMarket Finder
Shortlist suburbs by yield, growth, vacancy, active inventory and sales depth before you inspect individual listings.
Open Market FinderStrategy tools
Hold vs Sell, Stress Tester, Strategy Recommender and Portfolio Rebalancer for decisions across several properties.
Open toolsBuilding a product on property data? Explore the PropRadar API