Suburb Profile Report for Tallangatta VIC (3700)

Tallangatta House: Median price $233,500, Annual capital growth 4.47%, Number of sales 22, Weekly median advertised rent $235

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

Source: CoreLogic

  • House Report

Tallangatta has had a quite poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of 1.97% to date .

Tallangatta,3700 has offered an average of 1.97% return per annum in house price rises to property investors over the last three years.

Vendor discounting in Tallangatta is giving property investors an average Vendor Discount of around -8.68%. This puts suburb at number 83th in VIC when ranking the most discounted suburbs.

Often selling an investment property can take time, and in Tallangatta the average time real estate has been on the market is 104.46 days.

Renters in Suburb are facing rents around $2820 per annum or $235 every week.

HOUSE UNIT
$233,500 N/A
5.18% N/A
1.97% N/A
4.47% N/A
$235 N/A
22 N/A
5.23% N/A
104.46 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
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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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