Property investors who have had real estate in Tallangatta, 3700 should be relatively unhappy with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 0.61%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Tallangatta has increased when compared to the 5 year average annual rate.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.80% offered to property buyers. Sellers in Tallangatta itself are offering an average vendor discount of -8.28% to real estate investors.
Advertised rents are around the $240 mark per week – giving a return of 5.01% based on the median price in Suburb