Tea Gardens, NSW

FAIR VALUE

3,375 sales · 35 years of data · NSW, Australia

$895,000
Median (All)
$935,000
Median (Houses)
$650,000
Median (Apartments)
9.8%
10yr CAGR
6.8%
35yr CAGR
13.4%
Strata %
35 years of data · 3,375 sales analysed · 2,500+ suburbs · Updated weekly

Tea Gardens, NSW Property Market Overview

Tea Gardens, a charming coastal suburb in New South Wales, offers a unique blend of relaxed lifestyle and property market activity. Located approximately [insert approximate distance and direction from Sydney, e.g., 250km north of Sydney], Tea Gardens boasts a total of 3,375 recorded property sales over the past 35 years. This established market provides a substantial data set for analysis, offering insights into long-term property trends.

With a current median property price of $895,000, Tea Gardens presents a diverse range of housing options. Houses currently hold a median price of $935,000, while apartments offer a more accessible entry point at a median of $650,000. The suburb's coastal appeal and established community make it a noteworthy location within the broader NSW property landscape.

Currently fair value
Relative to the long-term price trend line
$500K invested 10yr ago → $1,273,484
Based on the 10-year compound annual growth rate of 9.8%
Predominantly houses13% apartments
87% of sales are houses and other non-strata properties
Loading chart...

Property Mix

87%
Houses 87%$935,000Apartments 13%$650,000

Data You Can Trust

Every figure backed by NSW government sale records

7 million+
verified sale records
2,500+
NSW suburbs covered
35 years
of market history
Weekly
NSW Gov. data updates

What Subscribers See

A preview of the full analysis available for Tea Gardens

Street Rankings

Top streets in Tea Gardens, NSW by median sale price

See which streets command the highest prices and how many sales back each ranking.

#StreetTypeSalesMedian Price
1Toonang DrHouse5$1,250,000
2Leeward CctHouse9$960,000
3Admiralty AveHouse8$995,000
4Windward CctHouse9$980,000

... and 102 more streets available

Subscribers also see:

  • Street price per m² analysis
  • Street annual growth rates (CAGR)
  • Premium vs discount % comparison
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Price per m²

Streets by price per square metre

Compare land and building value across streets — essential for finding underpriced pockets.

#StreetTypeSalesMedian $/m²
1Admiralty AveHouse8$1,675/m²
2Motum AveHouse3$1,701/m²
3Windward CctHouse9$1,421/m²
4Coolabah ClHouse4$1,555/m²

... and more $/m² rankings

View full $/m² data
Growth Rates

Fastest growing streets by median price

10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.

#StreetType10yr CAGR
1Myall StApartment+10.3%
2Budgeree StHouse+6.9%
3Myall StHouse+8.0%
4Dunshea AveHouse+7.6%

... and more street growth rates

See all growth rates

Past growth rates are not indicative of future performance. This data is for informational purposes only.

Building Analytics

Building-by-building comparison

38
apartment buildings analysed
#AddressSalesMedian$/m²
121 Marine Dr7$555,000$4,070/m²

... and 34 more buildings

Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.

View full building data
Risk Indicator

Flipper risk & hold period analysis

Available with full access
 

Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.

See flipper risk data
Risk Indicator

Settlement times & problem streets

53
average days to settlement

Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.

See settlement data
Suburb Change

Density & development tracking

13%
apartments across 38 buildings

Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.

See density trends

Unlock the full Tea Gardens analysis

106 streets and 38 buildings to explore

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3 street rankings
All 106 streets ranked
Cycle chart preview
Full chart — all years
Basic median prices
Price per m² by street
Suburb-level growth only
10-year CAGR by street
Building count only
38 buildings compared
Summary stats only
Flipper risk + settlement data

Based on 3,375 verified property sales across 35 years · Last updated: February 2026

Trusted by 100+ property investors across NSW

Tea Gardens at a Glance

Region
Mid North Coast
CBD Distance
Approximately 215km north-north-east of Sydney CBD
Train Station
Newcastle Interchange (Hunter Line) — requires bus connection
Council
MidCoast Council
Property Character
Coastal residential with detached houses and some apartments
Community
Retirees, families, and those seeking a coastal lifestyle

Tea Gardens, NSW

Map data © OpenStreetMap contributors

Local Amenities


Living in Tea Gardens, NSW

Living in Tea Gardens offers a relaxed coastal lifestyle. The suburb is known for its stunning waterfront views and access to beautiful beaches. Residents can enjoy a range of outdoor activities, including boating, fishing, and swimming. Tea Gardens Public School serves the local community, providing education for young families.

The area also boasts a variety of local shops and cafes, providing residents with convenient access to everyday amenities. Bennetts Beach is a popular spot for surfing and swimming, while the Myall River offers opportunities for boating and fishing. The community in Tea Gardens is known for its friendly atmosphere and strong sense of local pride. The pace of life is slower, making it an attractive destination for those seeking a peaceful retreat.

While direct train access isn't available within Tea Gardens itself, nearby hubs offer connections to broader transport networks. Local bus services connect Tea Gardens with surrounding towns. The relaxed atmosphere and natural beauty of Tea Gardens create a unique and desirable living environment.


Who Buys in Tea Gardens?

Tea Gardens attracts a diverse range of buyers, including families, retirees, and those seeking a coastal lifestyle. The median house price of $935,000 may appeal to established families looking for a spacious home, while the apartment median of $650,000 could attract first home buyers or downsizers. The 13.4% strata ownership indicates a segment of the market geared towards apartment living.

The historical CAGR of 9.8% over the past 10 years may appeal to those seeking long-term capital growth. The coastal location and relaxed lifestyle make Tea Gardens an attractive destination for retirees looking to downsize and enjoy a peaceful environment. The suburb's appeal spans various demographics, contributing to a diverse and vibrant community.

Market Analysis

The Tea Gardens property market, as of early 2026, is currently assessed to be near its long-term trend, indicating fair value. This suggests that property prices are aligned with underlying market fundamentals, based on historical data and current economic conditions. The cycle position reflects a balance between supply and demand within the suburb.

This 'fair value' assessment implies that Tea Gardens is neither significantly overvalued nor undervalued relative to its historical performance. Buyers and sellers in Tea Gardens can expect a market that reflects established trends, without the volatility associated with extreme market conditions. This provides a degree of stability and predictability for property transactions.


Is Tea Gardens a Good Investment?

Analysing the historical performance of Tea Gardens reveals consistent growth patterns. The 10-year CAGR of 9.8% and full-period CAGR of 6.8% demonstrate long-term value appreciation. The suburb's current cycle position, assessed as near its long-term trend (fair value), suggests a market that is neither excessively inflated nor depressed.

The factors driving property values in Tea Gardens include its coastal location, lifestyle appeal, and established community. The limited availability of waterfront properties and the desirability of the area contribute to sustained demand. The balance between houses and apartments provides a range of options for different buyer segments. Tea Gardens offers a stable and attractive property market, underpinned by consistent historical growth and a desirable lifestyle.


Tea Gardens Market Outlook

As of early 2026, the Tea Gardens property market is assessed as being near its long-term trend, indicating fair value. Recent price trends suggest a stable market, reflecting a balance between supply and demand. The suburb's coastal location and lifestyle appeal continue to attract buyers.

The current market conditions in Tea Gardens provide a degree of predictability for property transactions. While market dynamics can shift over time, the suburb's underlying fundamentals remain strong. The consistent historical growth and desirable lifestyle contribute to a positive outlook for the Tea Gardens property market as of early 2026.

Streets & Location in Tea Gardens, NSW

Tea Gardens, postcode 2324, encompasses a total of 106 streets, each contributing to the suburb's unique character. Among these, MYALL ST, TOONANG DR, and WINDWARD CCT stand out as streets with higher median property prices. The location of Tea Gardens on the coast contributes significantly to its appeal.

The suburb's geographical features and street layout play a role in shaping property values. The proximity to waterfront areas and the specific characteristics of each street influence the desirability and pricing of properties within Tea Gardens.

Market Dynamics

Property transactions in Tea Gardens typically take an average of 53 days to settle, reflecting a relatively standard timeframe for the region. This settlement period provides an indication of the efficiency of the local property market. The 'quick-flip percentage' is not applicable, suggesting limited short-term speculative activity.

The average settlement days in Tea Gardens suggest a stable market where transactions proceed at a reasonable pace. The absence of quick-flip activity points towards a market primarily driven by owner-occupiers and long-term investors, rather than short-term speculators.

Development & Density

Tea Gardens features a mix of housing types, with 38 apartment buildings contributing to the suburb's overall density. The presence of these apartment buildings, alongside detached houses, offers a variety of housing options for residents. The proportion of apartments represents 13.4% of the total property market in Tea Gardens.

The balance between houses and apartments influences the suburb's character and affordability. The existing development density in Tea Gardens provides a framework for understanding the suburb's growth patterns and future development potential.

Growth & Property Mix

Historically, Tea Gardens has demonstrated consistent property value growth. Over the past 10 years, the suburb has experienced a Compound Annual Growth Rate (CAGR) of 9.8%. Looking further back, the 20-year CAGR stands at 4.3%, while the full data period of 35 years indicates a CAGR of 6.8%. This historical growth, coupled with a property mix where apartments constitute 13.4% of the market, provides a context for understanding Tea Gardens's property landscape.

All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.

This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.

Frequently Asked Questions about Tea Gardens, NSW

What is the median property price in Tea Gardens?
As of early 2026, the median property price in Tea Gardens is $895,000. Houses have a higher median of $935,000, while apartments offer a more accessible entry point with a median of $650,000.
Is Tea Gardens overvalued or undervalued?
The Tea Gardens property market is currently assessed as being near its long-term trend, indicating fair value. This suggests that property prices are aligned with underlying market fundamentals.
How has the Tea Gardens property market performed over 10 years?
Over the past 10 years, the Tea Gardens property market has demonstrated a strong performance, with a Compound Annual Growth Rate (CAGR) of 9.8%. This reflects consistent value appreciation in the suburb.
What percentage of Tea Gardens is apartments vs houses?
Apartments constitute 13.4% of the total property market in Tea Gardens. This indicates a predominantly house-based market, with a smaller proportion of apartment living.
Where is Tea Gardens in the property cycle?
As of early 2026, Tea Gardens is assessed as being near its long-term trend, indicating fair value. The market is neither significantly overvalued nor undervalued.
What schools are near Tea Gardens?
Tea Gardens Public School is located within the suburb, providing primary education for local children. Nearby Hawks Nest also offers educational facilities.
What is Tea Gardens like to live in?
Tea Gardens offers a relaxed coastal lifestyle with stunning waterfront views and access to beautiful beaches. The community is known for its friendly atmosphere and strong sense of local pride.
Is Tea Gardens good for families?
Tea Gardens can be a good option for families, with its local primary school, parks, and access to outdoor activities. The suburb offers a safe and peaceful environment for raising children.
How far is Tea Gardens from Sydney CBD?
Tea Gardens is approximately 215km north-north-east of the Sydney CBD. Travel involves a combination of driving and potentially bus connections to train lines.
What transport options are in Tea Gardens?
While Tea Gardens does not have a direct train station, local bus services connect the suburb to nearby towns and transport hubs. Major roads provide access for driving to surrounding areas.
How does Tea Gardens compare to nearby suburbs?
Tea Gardens offers a similar coastal lifestyle to neighbouring Hawks Nest, but may have different property price points. Comparing growth rates and median prices with neighbouring areas provides a broader market perspective.
Is Tea Gardens a good first home buyer suburb?
With a median apartment price of $650,000, Tea Gardens might present opportunities for first home buyers. The availability of apartments and the coastal lifestyle could be attractive factors to consider.
What are the best streets in Tea Gardens?
Based on median price data, MYALL ST, TOONANG DR, and WINDWARD CCT are notable streets in Tea Gardens. These streets may offer more desirable properties or locations within the suburb.
How many properties have been sold in Tea Gardens?
Over the past 35 years, there have been a total of 3,375 recorded property sales in Tea Gardens. This indicates a substantial level of market activity and historical data.
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