This property is Off Market
With an average age of 44, households expect an average monthly mortgage payment of $2,734 or a weekly rent payment of $700. The average family earns a weekly income of $2,410 with a typical household size of 2.8 and a 95.35% employment rate.
Consistent high demand relative to supply is a key feature in Taren Point driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Taren Point due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Taren Point provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Taren Point to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
(Country of Birth not stated 4%)
Sylvania - Taren Point a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
New South Wales State average 59 / 100
Income
42 / 100
31 / 100
Industry
25 / 100
22 / 100
Population
20 / 100
19 / 100
House Prices
80 / 100
60 / 100
Jobs
37 / 100
29 / 100
Incidents Trend State Average
Sylvania Public School
Sylvania, NSW, 2224 State K-6
Endeavour Sports High School
Caringbah, NSW, 2229 State 7-12
Caringbah High School
Caringbah, NSW, 2229 State 7-12
Miranda North Public School
Miranda, NSW, 2228 State K-6
Sutherland Hospital School
Caringbah, NSW, 2229 State
Taren Point Public School
Taren Point, NSW, 2229 State K-6
Sylvania High School
Sylvania, NSW, 2224 State 7-12
Sylvania Heights Public School
Sylvania, NSW, 2224 State K-6
Our Lady Star of the Sea Catholic School
Miranda, NSW, 2228 Independent K-6
Caringbah North Public School
Caringbah, NSW, 2229 State K-6
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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