2. NSW
  3. Mid-coast

Tea Gardens NSW 2324

Houses Units

Here you can find what you need to know about Tea Gardens, NSW, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$820K Median Sale Price (National Average $485k) 909th In NSW
-4.09% Median Sale Price Change (1yr) (National Average 4.30%) 4003rd In NSW
$565pw Median Rent (National Average $395) 807th In NSW
3.6% Median Gross Yield (National Average 4.24%) 417th In NSW
Properties sold 63
Average discounting -5.41%
Average Days on Market 116
Stock on Market 23 for sale

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Tea Gardens, NSW National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Tea Gardens, NSW National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Tea Gardens, NSW National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Property Prices in Tea Gardens


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State Auction Clearance Rates


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Local Schools


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Suburb Information

Tea Gardens, NSW 2324

Part of: Mid-Coast Council No data available

The size of Tea Gardens is approximately 84.3 square kilometres. It has 12 parks covering nearly 10.1% of total area. The population of Tea Gardens in 2011 was 2,434 people. By 2016 the population was 2,888 showing a population growth of 18.7% in the area during that time. The predominant age group in Tea Gardens is 70-79 years. Households in Tea Gardens are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Tea Gardens work in a trades occupation. In 2011, 69.1% of the homes in Tea Gardens were owner-occupied compared with 71.5% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Tea Gardens

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Tea Gardens   for Houses in last 12 months


There have been 63 Houses sold in Tea Gardens in the past 12 months with a median sale price of $820K, down 4.1% annually. It takes on average 113 days to sell with vendor discounting of -5.4%.

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Tea Tree Gully SA, 5091 -9.67% $621,000 $565pw 4.7% View Suburb Profile
Yarragon VIC, 3823 6.99% $635,000 $458pw 3.8% View Suburb Profile
Hawks Nest NSW, 2324 13.12% $970,000 $528pw 2.8% View Suburb Profile
Pacific Pines QLD, 4211 3.93% $885,000 $770pw 4.5% View Suburb Profile
Casterton VIC, 3311 -3.45% $280,000 Unavailable Unavailable View Suburb Profile
Howlong NSW, 2643 11.67% $502,500 $445pw 4.6% View Suburb Profile

Currency

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