Tallawong is a mid-sized suburb in New South Wales within the Blacktown local government area (postcode 2762). With a population of 6,570, the suburb has a young professional demographic with a median age of 30. Households earn a median income of $143K per year, with an average household size of 3.2 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Indian, Australian, English.
The median house price in Tallawong is $1.5 million, having grown strongly 7.6% over the past year. Units have a median price of $747,000 (+12.8% YoY). The current median weekly rent is $700. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $3,000.
Public transport access includes 1 rail station, 20 bus stops. The crime rate in the Blacktown LGA is below average at 3,212 incidents per 100,000 population.
From an investment perspective, Tallawong offers a gross rental yield of 2.5%, rated as low yield. Property prices are near the state median ($1.5M/$1.5M). The price-to-income ratio of 10.2x is considered stretched. House prices have moved +7.6% year-on-year.
Tallawong is a mid-sized suburb in New South Wales within the Blacktown local government area (postcode 2762). With a population of 6,570, the suburb has a young professional demographic with a median age of 30. Households earn a median income of $143K per year, with an average household size of 3.2 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Indian, Australian, English.
The median house price in Tallawong is $1.5 million, having grown strongly 7.6% over the past year. Units have a median price of $747,000 (+12.8% YoY). The current median weekly rent is $700. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $3,000.
Public transport access includes 1 rail station, 20 bus stops. The crime rate in the Blacktown LGA is below average at 3,212 incidents per 100,000 population.
From an investment perspective, Tallawong offers a gross rental yield of 2.5%, rated as low yield. Property prices are near the state median ($1.5M/$1.5M). The price-to-income ratio of 10.2x is considered stretched. House prices have moved +7.6% year-on-year.