Tanunda SA

Postcode 5352 · Barossa LGA

Tanunda is a smaller suburb in South Australia within the Barossa local government area (postcode 5352). With a population of 4,710, the suburb has a mature demographic with a median age of 48. Households earn a median income of $75K per year, with an average household size of 2.3 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are Australian, English, German.

Units have a median price of $430,000 (+15.5% YoY). The current median weekly rent is $500. This gives a gross rental yield of approximately 6.0%. The median monthly mortgage repayment is $1,452.

Tanunda is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 1040, which is around the national average of 1,000. Healthcare facilities include 1 public hospital. The crime rate in the Barossa LGA is below average at 2,017 incidents per 100,000 population.

From an investment perspective, Tanunda offers a gross rental yield of 6.0%, rated as high yield. Property prices sit below the state median ($430K/$950K), suggesting a potential value opportunity. The price-to-income ratio of 5.7x is considered affordable. House prices have moved +15.5% year-on-year.

INVESTMENT SIGNALS
Rental Yield6.0% High Yield
Price vs State$430K/$950K Below Median
Affordability5.7x Affordable
Price Momentum+15.5% Rising
INCOME (ATO 2022-23)
Median Income$55,316
Mean Income$67,584
Earners3,251
YoY Change+2.4%
SEIFA INDEX (ABS)
Advantage6/10
Education6/10
Economic5/10
Disadvantage6/10
MEDIAN UNIT
$430K
15.5% YoY
MEDIAN RENT /WK
$300
POPULATION
4,710
DEMOGRAPHICS
Median Age48
Household Size2.3
HH Income /wk$1,450
Personal Income /wk$777
Mortgage /mth$1,452
CRIME (Barossa LGA)
Crime Rate (per 100k)2,017
Total Incidents95
SCHOOLS (2)
Avg ICSEA1040
Total Students1,239
Independent1
Government1
Faith Lutheran CollegeCombined · Independent · ICSEA 1060
Tanunda Primary SchoolPrimary · Government · ICSEA 1021
HOSPITALS (1)
Tanunda War Memorial Hospitalpublic
Data: 2024