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Tea Gardens

NSW 2324LGA: MidCoast Council

Investment Score

75

/100

AI Intelligence Summary

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.

Strengths

  • Stunning natural environment with beaches and national park access
  • Strong community spirit with active volunteer organizations
  • Low crime rates and peaceful, safe environment
  • Established recreational facilities including golf course and bowling club

Opportunities

  • Continued growth in retiree and sea change markets
  • Tourism development leveraging natural attractions
  • Boutique accommodation and hospitality ventures
  • Eco-tourism initiatives around Myall Lakes National Park

Considerations

  • Limited commercial facilities requiring travel for major shopping
  • No public transport connections to major centers
  • Limited employment opportunities locally
  • High school students must travel to nearby towns

Property Market

Median House

$850K

+12.5% 1yr

Median Unit

$580K

+10.2% 1yr

Median Townhouse

$720K

Rent (House)

$620/wk

Rent (Unit)

$480/wk

Days on Market

35

Vacancy Rate

1.8%

Auction Clearance

68.0%

Price Growth

Type1 Year3 Year5 Year
House+12.5%+35.2%+48.7%
Unit+10.2%+28.5%+42.1%

Rental Yields

House Yield

3.8%

Unit Yield

4.5%

Townhouse Yield

4.1%

Investment Scorecard

Overall Investment Score75/100
Growth Potential78/100
Cashflow Score65/100
Risk Score (lower = safer)65/100
Affordability Index45/100

Demand/Supply Ratio: 1.80

Demand exceeds supply — favourable for sellers

Tax & Financial Intelligence

CPA-grade analysis for Tea Gardens at median house price

Standard transfer
$32,780
First Home Buyer
$8,195

Save $24,585

Foreign buyer surcharge
$68,000

+8% surcharge

Annual rent income
$32,240

$620/wk

Interest (80% LVR @ 6.5%)
-$44,200
Other expenses (~2.5%)
-$21,250
Net rental position
-$33,210

Negatively geared

Tax benefit (39% MTR)
+$12,952

Reduces taxable income

After-tax holding cost
$20,258/yr

~$390/week

Based on 9.7% p.a. growth (from 5-year trend), 50% CGT discount, 39% MTR

5-Year Hold

Est. value
$1.35M
Capital gain
$465,801
After discount
$232,901
CGT payable
$90,831

10-Year Hold

Est. value
$2.15M
Capital gain
$1.27M
After discount
$633,046
CGT payable
$246,888

Investor Quick Summary

Entry cost (stamp duty)

$32,780

After-tax yield

2.32%

Weekly holding cost

$390/wk

10yr CGT (est.)

$246,888

Estimates based on FY2025 NSW rates at median house price. Assumes 80% LVR, 6.5% interest rate, 39% marginal tax rate ($135K-$190K bracket). Individual circumstances vary. This is general information only and not personal financial advice. Consult your CPA before making investment decisions. Local Knowledge Pty Ltd — Registered Tax Agent.

Demographics

Population

3,200

Median Age

58

Median Income

$52K

per annum

Family Households

45.0%

Professionals

35.0%

University Educated

28.0%

Unemployment

4.2%

Born Overseas

22.0%

Dwelling Mix

Houses: 78%Units: 15%Townhouses: 7%Total: 1,850

Lifestyle & Community

Walkability45/100
Public Transport2/10
Schools Rating6/10
Safety9/10
Family Friendly7/10
Cafes & Restaurants

8

Parks

12

0
Distance to CBD

230.0 km

Nearest Station: Broadmeadow Station

Relaxed coastal living with golf, bowling, boating, fishing, and easy access to beaches and national parks for outdoor recreation.

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Data sourced from multiple sources. Last updated 29 March 2026.

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