Tantawangalo is a quiet locality in New South Wales within the Bega Valley local government area (postcode 2550). With a population of 162, the suburb has a mature demographic with a median age of 52. Households earn a median income of $69K per year, with an average household size of 2.4 people. The most common occupations are professionals, labourers, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Tantawangalo is $1.1 million, having surged 35.7% over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $1,402.
Public transport access includes 13 bus stops. The crime rate in the Bega Valley LGA is below average at 2,293 incidents per 100,000 population.
From an investment perspective, Tantawangalo offers a gross rental yield of 2.7%, rated as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 16.4x is considered stretched. House prices have moved +35.7% year-on-year.
Tantawangalo is a quiet locality in New South Wales within the Bega Valley local government area (postcode 2550). With a population of 162, the suburb has a mature demographic with a median age of 52. Households earn a median income of $69K per year, with an average household size of 2.4 people. The most common occupations are professionals, labourers, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Tantawangalo is $1.1 million, having surged 35.7% over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $1,402.
Public transport access includes 13 bus stops. The crime rate in the Bega Valley LGA is below average at 2,293 incidents per 100,000 population.
From an investment perspective, Tantawangalo offers a gross rental yield of 2.7%, rated as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 16.4x is considered stretched. House prices have moved +35.7% year-on-year.