Suburb Profile Report for Tallangatta VIC (3700)

Tallangatta House: Median price $245,000, Annual capital growth 5.06%, Number of sales 17, Weekly median advertised rent $250

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

Investment property in Tallangatta has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -5.77%

The five-year average increase in median property values for Tallangatta,3700 has given property investors a potential capital gain of 32.43% across each of those five years.

Tallangatta, 3700 is offering VIC ‘s 85th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this VIC.

Property investors should expect to get $250 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$245,000 N/A
13.43% N/A
-5.77% N/A
5.06% N/A
$250 N/A
17 N/A
5.31% N/A
95.15 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 954
Median household income ($/weekly) 824
Median age of persons 47
Median housing loan repayment ($/monthly) 1083
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 112 11.7
    35-44 years 109 11.4
    45-54 years 148 15.5
    55-64 years 119 12.5
    65-74 years 116 12.1
    Others 351 36.8
    Age Group
    Census Count Percent(%)
    Registered Married 323 48.0
    Not Married 292 43.4
    Defacto Relationship 58 8.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 842 91.6
    New Zealand 6 0.7
    Papua New Guinea 7 0.8
    United Kingdom 44 4.8
    Other 9 1.0
    Others 11 1.2
    Country of Birth
    Census Count Percent(%)
    Christianity 678 77.2
    No Religion 191 21.8
    Other Religious Groups 6 0.7
    Buddhism 3 0.3
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 38 10.9
    $400-$599 57 16.3
    $600-$799 42 12.0
    $800-$999 46 13.1
    $1,250-$1,499 39 11.1
    Others 128 36.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 360 46.5
    Employed, worked full-time 222 28.7
    Employed, worked part-time 139 18.0
    Employed, away from work 32 4.1
    Unemployed, looking for work 21 2.7
    Person Characteristics
  • Census Count Percent(%)
    Professionals 64 16.4
    Technicians & trades workers 66 16.9
    Community & personal service workers 47 12.1
    Clerical & administrative workers 50 12.8
    Labourers 48 12.3
    Others 115 29.5
    Occupation
    Census Count Percent(%)
    Pre-school 15 7.7
    Infants/Primary 72 36.7
    Secondary 70 35.7
    Technical or Further Educational Institution 25 12.8
    University or other Tertiary Institutions 7 3.6
    Others 7 3.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 803 93.7
    Semi-detached, row or terrace house, townhouse 34 4.0
    Caravan, cabin, houseboat 14 1.6
    House or flat attached to a shop, office 6 0.7
    Flat, unit or apartment 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 147 39.6
    Being purchased 119 32.1
    Rented 102 27.5
    Other tenure type 3 0.8
    Tenure Type
Census 2011, ABS
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