Suburb Profile
Tongala - FREE SUBURB PROFILE REPORT POSTAL CODE: VIC,3621
Tongala - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3621
house
TONGALA ranks 638th in VIC when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of -2.94% for the past year is lower than average compared to its 13.14% growth within a five-year period.
Also in TONGALA, the median home price is sitting at $198,000, and the average rent at $232.5, this suggests property owners could potentially earn a 6.11% increase in gross rental yield.
Property investors have seen a 1.54% gain in TONGALA based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 2.01% growth over a ten-year period. It ranks 3009th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $198,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 1.54% | N/A |
| Median 12 month | -2.94% | N/A |
| Median 3 years | 10.61% | N/A |
| Median 5 years | 13.14% | N/A |
| 10 years average annual | 2.01% | N/A |
| Weekly media advert. rent | $232.5 | N/A |
| Time on Market | 124.8 days | N/A |
| Gross Rental Yield Percent | 6.11% | N/A |
demographics (median values)
Total Population
1620
Weekly Household Income
722.8
Household Size
2.60
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Capital Gains Tax (CGT) Calculator
Tongala, VIC
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