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Tallangatta
AREA REPORTS

Tallangatta

Tallangatta - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3700

house

Property investors enjoyed capital gains of 29.11% over the last 12 months in TALLANGATTA, translating to lower returns compared with its peers in VIC.

Figures from the previous quarter show that capital gains for real estate buyers in TALLANGATTA are low, as opposed to average gains per annum over the past five years.

The suburb posted a 53.18% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $332.5 based on current median home prices for the suburb.

On average, rents on listings have reached the $332.5 mark, reflecting a 4.78% increase in returns based on the current median price in TALLANGATTA.

TALLANGATTA, 3700 ranks 109th in VIC in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 41st on the list of best yielding suburbs for rental properties in VIC, posting a 4.78% return.

Data report can be found below

Tallangatta
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $361,500 N/A
GROWTH REPORT
Median Quarterly 3.29% N/A
Median 12 month 29.11% N/A
Median 3 years 53.18% N/A
Median 5 years 54.82% N/A
10 years average annual 9.24% N/A
Weekly media advert. rent $332.5 N/A
Time on Market 66.8 days N/A
Gross Rental Yield Percent 4.78% N/A
demographics (median values)*
Total Population
1318
Weekly Household Income
1103
Household Size
2.30
Age
48
Monthly Loan Repayment
1083
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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