Tarraganda is a quiet locality in New South Wales within the Bega Valley local government area (postcode 2550). With a population of 346, the suburb has a mature demographic with a median age of 50. Households earn a median income of $84K per year, with an average household size of 2.4 people. The most common occupations are managers, professionals, clerical & administrative. The top ancestries reported are Australian, English, Scottish.
The median house price in Tarraganda is $1.4 million, having surged 27.3% over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $1,742.
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, Tarraganda offers a gross rental yield of 2.2%, rated as low yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 16.7x is considered stretched. House prices have moved +27.3% year-on-year.
Tarraganda is a quiet locality in New South Wales within the Bega Valley local government area (postcode 2550). With a population of 346, the suburb has a mature demographic with a median age of 50. Households earn a median income of $84K per year, with an average household size of 2.4 people. The most common occupations are managers, professionals, clerical & administrative. The top ancestries reported are Australian, English, Scottish.
The median house price in Tarraganda is $1.4 million, having surged 27.3% over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $1,742.
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, Tarraganda offers a gross rental yield of 2.2%, rated as low yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 16.7x is considered stretched. House prices have moved +27.3% year-on-year.