True Cost of Buying in Tea Gardens

2324 NSW · 230km to CBD

Stable

Market Intelligence

Tea Gardens is a picturesque coastal town in the Port Stephens Local Government Area, NSW, situated approximately 230km north of Sydney. This charming destination has evolved into a popular retirement and sea change location, attracting residents seeking a relaxed coastal lifestyle. The town benefits from its proximity to pristine beaches, Myall Lakes National Park, and the Myall River, offering exceptional natural amenities and recreational opportunities. The community is characterized by a strong volunteer spirit, established recreational facilities including a golf course and bowling club, and a rural-residential atmosphere with low population density. While the area offers limited commercial facilities requiring travel to larger centers for major shopping and services, this contributes to its peaceful, village-like character. The local primary school serves educational needs, though high school students typically commute to nearby towns. Infrastructure includes NBN broadband and comprehensive sewerage systems, with primary access via The Lakes Way. The ferry service connecting to Hawks Nest across the Myall River adds to the area's unique charm and connectivity.

Stunning natural environment with beaches and national park accessStrong community spirit with active volunteer organizationsLow crime rates and peaceful, safe environmentEstablished recreational facilities including golf course and bowling clubGrowing appeal as retirement and sea change destination

Market Snapshot

Median House

$850K

+12.5% 1yr

Median Apartment

$580K

+10.2% 1yr

Median Townhouse

$720K

Vacancy Rate

1.8%

35 avg DOM

Yield (Apartment)

4.5%

Yield (House)

3.8%

Auction Clearance

68%

Population

3,200

True Cost Breakdown

Based on median prices · 20% deposit · 6.5% interest · 30-year term · Owner-occupier

Apartment

$3,975/mo

Purchase Price

$580,000

Stamp Duty

$20,630

1st Year Total

$47,696

House

$5,077/mo

Purchase Price

$850,000

Stamp Duty

$32,780

1st Year Total

$60,926

Townhouse

$4,483/mo

Purchase Price

$720,000

Stamp Duty

$26,930

1st Year Total

$53,792

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Community Profile

Median Income

$52,000

Median Age

58

Family Households

45%

Owner-Occupied

72%

Walkability

45/100

Public Transport

2/10

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