All About Taree South, Mid-Coast, NSW, 2430

Taree South, part of the Mid-Coast region in New South Wales, offers a predominantly residential lifestyle combined with a touch of natural beauty typical of the Australian East Coast. The housing market here features a mix of older, charming homes and newer developments, catering to a range of preferences and budgets. With the area generally maintaining a more affordable price range compared to larger urban centers, Taree South can be an appealing choice for first-time homebuyers, retirees, or families looking for a peaceful community setting. The local real estate market tends to attract those interested in a quieter, more laid-back lifestyle away from hustle and bustle, with properties often offering generous yard space and relatively easy access to local amenities.

Living in Taree South provides residents with a balanced lifestyle surrounded by both convenience and nature. The suburb is close to essential services including schools, healthcare facilities, and shopping centers, mainly located in the nearby town of Taree. Furthermore, the area boasts proximity to the Manning River and various parks, offering a serene environment for outdoor enthusiasts. The local community is typically friendly and tight-knit, participating in various social events and recreational activities that encourage a strong sense of belonging. The blend of a slower-paced life with sufficient urban amenities makes Taree South an attractive place for those looking to enjoy the simplicity of regional living while not being too far removed from modern conveniences.

Taree South Real Estate Market Outlook

Thinking about buying in Taree South? Now could not be a better time, with just 215 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,266,000 with prices in this suburb ranging from $192,000 to $43,687,000. The aproximate distance to the coast is 11 Km.

In Taree South there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Taree South is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Taree South leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. Lower than average industry presence in Taree South we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Taree South a better buying opportunity than it may have been in the past.

Instant Property Valuation

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General Points of Interest

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