Taree, AustraliaCapital City
With a population of just 18,110, Taree is a sleepy outpost on the New South Wales coast, far removed from the urban hustle of Sydney. The median age here is a staggering 45, over 7 years older than the national average, and a whopping 28.3% of residents are over 65. The area's economy revolves around aging industries like hospitals and aged care, with unemployment at 9.3% - nearly double the national rate. And if the frequent flooding events described in the text are any indication, Mother Nature isn't making life easy for Taree's residents. This is undoubtedly a destination for those seeking a quiet, affordable retirement, but the persistent bureaucratic headaches and environmental challenges mean it's not for the faint of heart.
Can I afford Taree?
You could save
$1215 / month