Question 1

Is Taren Point a nice place to live?

Accepted Answer

Taren Point is a compact bayside suburb along the Georges River estuary, where waterside leisure sits beside light industrial and commercial strips along Taren Point Road. Pockets of family housing and occasional waterfront homes share the suburb with warehouses and local shops, and residents use foreshore reserves, small marinas and boat ramps for river recreation. The community of 1,879 has a median age of 58 and a median household income of $1,463 a week, and housing is mostly owner-occupied.

Its practical, working character tends to suit boating enthusiasts, tradespeople and families who prefer a quieter riverside lifestyle with road links to nearby centres. Local projects are in planning or delivery, including a proposal for an electric bus depot, transport upgrades, a council master plan for the Sylvania Waters and Taren Point recreation precinct, and foreshore pathway works. Whether Taren Point is right for you will come down to how much you value river access and an established, owner-occupied neighbourhood.

Question 2

Is it expensive to live in Taren Point?

Accepted Answer

House rents in Taren Point sit at about $1,500 a week. Against the suburb's median total household income of $1,463 a week as recorded at the most recent Census, that rent would take roughly 102.5% of a typical local household's weekly income — in other words about the same as, or slightly more than, a whole week's household income, which is a large share. For someone planning to rent a house here, that rent-to-income ratio is the key figure to watch; whether it feels expensive depends on your own income and circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Taren Point a good place to invest?

Accepted Answer

Over the past 12 months house values in Taren Point rose 28.9% while the rent houses command climbed 50.0%. In plain terms, the rent a house earns increased faster than the price of a house over the year, so rental income was the stronger performer on the houses side in that period.

If rental income is your priority, the 50.0% rise in house rents is the figure to watch; if you are focused on capital growth, the 28.9% rise in house values is the relevant measure. Whether that balance suits you will depend on your own goals and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	28.9%	N/A
Sold Past 3 months	5	1
Median days on market Past 12 months	101	N/A
Average rent Past 12 months	$1500	N/A
Change in rent Past 12 months	50.0%	N/A

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