Taralga is a quiet locality in New South Wales within the Upper Lachlan Shire local government area (postcode 2580). With a population of 403, the suburb has a mature demographic with a median age of 53. Households earn a median income of $61K per year, with an average household size of 2.1 people. The most common occupations are managers, labourers, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Taralga is $160,000, having dropped significantly 71.7% over the past year. The current median weekly rent is $500. This gives a gross rental yield of approximately 16.3%. The median monthly mortgage repayment is $1,365.
Taralga is served by 1 school, including 1 primary. The average ICSEA score is 965, which is around the national average of 1,000. Public transport access includes 13 bus stops. The crime rate in the Upper Lachlan Shire LGA is low at 1,562 incidents per 100,000 population.
From an investment perspective, Taralga offers a gross rental yield of 16.3%, rated as high yield. Property prices sit below the state median ($160K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 2.6x is considered affordable. House prices have moved -71.7% year-on-year.
Taralga is a quiet locality in New South Wales within the Upper Lachlan Shire local government area (postcode 2580). With a population of 403, the suburb has a mature demographic with a median age of 53. Households earn a median income of $61K per year, with an average household size of 2.1 people. The most common occupations are managers, labourers, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Taralga is $160,000, having dropped significantly 71.7% over the past year. The current median weekly rent is $500. This gives a gross rental yield of approximately 16.3%. The median monthly mortgage repayment is $1,365.
Taralga is served by 1 school, including 1 primary. The average ICSEA score is 965, which is around the national average of 1,000. Public transport access includes 13 bus stops. The crime rate in the Upper Lachlan Shire LGA is low at 1,562 incidents per 100,000 population.
From an investment perspective, Taralga offers a gross rental yield of 16.3%, rated as high yield. Property prices sit below the state median ($160K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 2.6x is considered affordable. House prices have moved -71.7% year-on-year.