Question 1

Is Taromeo a nice place to live?

Accepted Answer

Taromeo is a quiet rural locality of rolling pasture, pockets of native bush and a scattering of small farms and rural-residential blocks. The built character leans to timber homesteads, sheds and outbuildings on acreage, and everyday life centres on outdoor pursuits, hobby farming and the open landscape. There are limited shops and services inside the locality, so residents travel to nearby towns for schools, shopping and medical needs. The area suits people after a peaceful country lifestyle with broad views and easy access to bushland and rural roads.

It is a very small community of 373 people with a median age of 56 and a typical household income of $911 a week (about $47,400 a year). The family mix is led by couple families without children and homes are predominantly owner-occupied (91.5%), giving a settled, owner-occupied character. Local transport work includes a Roads to Recovery project to rehabilitate and reseal part of Cameron Road, and the timber footbridge into Blackbutt has been replaced with an aluminium pedestrian bridge to restore that walking link.

Question 2

Is it expensive to live in Taromeo?

Accepted Answer

There haven't been enough recent sales or rentals in Taromeo to publish reliable house or unit prices or rents. Without those current price and rent figures, it's not possible to describe how expensive it is to live in Taromeo compared with local household incomes as recorded at the most recent Census.

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 Taromeo a good place to invest?

Accepted Answer

Taromeo hasn't had enough recent sales to publish reliable figures on how house and unit prices and rents moved over the past year. Without that, there isn't a clear picture of how it has performed as an investment lately.

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	N/A	N/A
Sold Past 3 months	1	N/A
Median days on market Past 12 months	N/A	N/A
Average rent Past 12 months	N/A	N/A
Change in rent Past 12 months	N/A	N/A

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