Suburb Profile Report for Tallangatta VIC (3700)

Tallangatta House: Median price $265,000, Annual capital growth 5.39%, Number of sales 21, Weekly median advertised rent $240

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

Source: CoreLogic

  • House Report

Tallangatta has had a A very good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 20.45% to date .

Over the longer term, Tallangatta has seen property prices show investors a 55.88% return over the last 3 years. This is worse than over the last 12 months

Vendor discounting in Tallangatta is giving property investors an average Vendor Discount of around -7.00%. This puts suburb at number 161th in VIC when ranking the most discounted suburbs.

At number 2478 in a list of fastest selling suburbs, Tallangatta is in the bottom 40% of suburbs in Australia with an average of days on market 95.07 for properties listed there.

Advertised rents are around the $240 mark per week – giving a return of 4.71% based on the median price in Suburb

HOUSE UNIT
$265,000 N/A
0.95% N/A
20.45% N/A
5.39% N/A
$240 N/A
21 N/A
4.71% N/A
95.07 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (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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Recent sales & rentals