Question 1

Is Tarro a nice place to live?

Accepted Answer

Tarro is a quiet, semi-rural suburb on the lower Hunter beside the Hunter River and close to the Hexham wetlands. It has a village feel, with weatherboard cottages and modest postwar homes on small lots alongside hobby farms and acreage on the fringes. A compact cluster of shops sits by Tarro railway station and the Hunter Line provides a straightforward rail link, so the suburb suits people who want a country pace with convenient road and rail access and who value riverfront reserves, bushland walks and informal outdoor pursuits.

A community of 1,703 people with a median age of 45, Tarro has a median total household income of $1,167 a week, about $60,700 a year.

Couple families without children are the largest group at 45.4%, with couple families with children at 34.3%; together they make up nearly eight in ten households. One-parent families account for 18.8% and other families 1.5%.

Homes in Tarro are mostly owner-occupied: 46.5% are owned outright and 31.3% are owned with a mortgage, a combined 77.8%, while 22.1% are rented.

Question 2

Is it expensive to live in Tarro?

Accepted Answer

Renting a house in Tarro runs to about $620 a week. Against a typical local household income of $1,167 a week at the last Census, that rent would take roughly 53% of a household's weekly income, which is a large share of income.

If you're renting rather than buying, that rent share is the number that matters; whether it feels expensive will depend 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 Tarro a good place to invest?

Accepted Answer

The clearest movement in Tarro over the past year is on houses: house values climbed 15.4%, a strong rise, while the rent those houses earn rose 10.7%, also a strong increase. Put simply, capital growth on houses outpaced rental growth over the 12 months. If capital gain is your priority the 15.4% lift is the number to note; if rental income matters more, consider the 10.7% rise in house rents when weighing the suburb as an investment.

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	15.4%	N/A
Sold Past 3 months	7	2
Median days on market Past 12 months	19	N/A
Average rent Past 12 months	$620	N/A
Change in rent Past 12 months	10.7%	N/A

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