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.
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.