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Taree suburb profile

Taree is the principal town of the Manning Valley on the Mid North Coast, sitting on the banks of the Manning River. A compact riverfront precinct with parklands, wharves and riverside paths shapes everyday life, while surrounding agricultural and forested hinterland give the area a rural feel. As the region's service centre Taree provides hospitals, schools, a main shopping precinct and active sporting clubs, attracting families, commuters and retirees. Housing ranges from older character cottages near the river to practical suburban blocks on the outskirts, and the Pacific Highway and North Coast rail line keep the town connected to nearby coast and regional centres.

Taree property market performance

Current median dwelling price$505,000Past 3 months

Property growth+16.1%Past 12 months

House values rose sharply, up 13.1% over the last 12 months to a median of $600,000. Unit values also rose sharply, up 19.1% to a median of $410,000, so unit values increased faster than house values over the year.

Over the last 3 months 68 houses and 19 units sold. Over the last 12 months houses sold in a median of 52 days and units in 36 days, so units sold faster than houses.

The rental market in Taree recorded average house rents of $500 a week and unit rents of $390 a week. House rents rose a modest 4.2% over the last 12 months while unit rents rose a solid 5.4%, so rental growth moved at a similar pace for both property types.

HousesUnits
Median price
Past 3 months
$600K$410K
Change in value
Past 12 months
13.1%19.1%
Sold
Past 3 months
6819
Median days on market
Past 12 months
5236
Average rent
Past 12 months
$500$390
Change in rent
Past 12 months
4.2%5.4%

5 year median price trend for houses and units

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Taree demographics

Taree is a community of 16,715 people with a median age of 45. The typical household earns $968 a week, roughly $50,300 a year.

Family types are dominated by couples: couple families without children are the largest group at 42.8%, while couple families with children make up 28.6%. One-parent families account for 26.6% and other families 2.0%, so together couples with and without children represent about 71.4% of families.

Homes in Taree are more often owner-occupied than rented. About 61.3% are owner-occupied (38.2% owned outright and 23.1% owned with a mortgage), while 38.7% are rented.

Suburbs near Taree

Some popular suburbs near Taree include:

  • Tinonee: Riverside village on the Manning River with a quiet, historic small-town feel.
  • Cundletown: Small settlement along the river with surrounding farmland and calm streets.
  • Wingham: Regional centre known for its remnant rainforest reserve and heritage streetscapes.
  • Rainbow Flat: Locality characterised by rolling farmland and established tree-lined residential pockets.
  • Mitchells Island: River island with coastal bushland, small beaches and a laid-back island lifestyle.

How does Taree compare to nearby suburbs?

  • Median house prices: Taree’s median house price is 4.3% higher than Wingham’s.
  • House price growth: Over the past 12 months, house prices in Taree have grown 15.7% higher than in Tinonee.
  • Unit price growth: Over the past 12 months, unit prices in Taree have grown 32.1% higher than in Wingham.
  • Selling speed for houses: Properties in nearby Tinonee are selling 5.8% faster than in Taree.

Choose the right real estate agents in Taree

There are 47 real estate agents in Taree, but they don’t all deliver the same results.

Some agents have a much stronger presence in the suburb, with just 5 agents handling around 52.5% of all sales in the past year.

Commission rates in Taree typically range from 2.63% to 3.25%. Comparing agents—including what they charge, what’s included, and how they structure their fees—is not only important when choosing an agent, the right structure can help ensure your chosen agent is motivated to achieve the best possible result.

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