Tallawang is a quiet locality in New South Wales within the Mid-Western Regional local government area (postcode 2852). With a population of 165, the suburb has an established demographic with a median age of 38. Households earn a median income of $75K per year, with an average household size of 2.8 people. The most common occupations are professionals, managers, labourers. The top ancestries reported are English, Australian, Irish.
The median house price in Tallawang is $608,000, having dropped significantly 42.8% over the past year. The current median weekly rent is $550. This gives a gross rental yield of approximately 4.7%. The median monthly mortgage repayment is $1,842.
Public transport access includes 11 bus stops. The crime rate in the Mid-Western Regional LGA is below average at 3,221 incidents per 100,000 population.
From an investment perspective, Tallawang offers a gross rental yield of 4.7%, rated as moderate yield. Property prices sit below the state median ($608K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.1x is considered moderate. House prices have moved -42.8% year-on-year.
Tallawang is a quiet locality in New South Wales within the Mid-Western Regional local government area (postcode 2852). With a population of 165, the suburb has an established demographic with a median age of 38. Households earn a median income of $75K per year, with an average household size of 2.8 people. The most common occupations are professionals, managers, labourers. The top ancestries reported are English, Australian, Irish.
The median house price in Tallawang is $608,000, having dropped significantly 42.8% over the past year. The current median weekly rent is $550. This gives a gross rental yield of approximately 4.7%. The median monthly mortgage repayment is $1,842.
Public transport access includes 11 bus stops. The crime rate in the Mid-Western Regional LGA is below average at 3,221 incidents per 100,000 population.
From an investment perspective, Tallawang offers a gross rental yield of 4.7%, rated as moderate yield. Property prices sit below the state median ($608K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.1x is considered moderate. House prices have moved -42.8% year-on-year.