Tallangatta is a small community in Victoria within the Towong local government area (postcode 3700). With a population of 1,175, the suburb has a mature demographic with a median age of 48. Households earn a median income of $60K per year, with an average household size of 2.2 people. The most common occupations are technicians & trades, labourers, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Tallangatta is $460,000, having dipped slightly 2.1% over the past year. The current median weekly rent is $350. This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $1,128.
Tallangatta is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 991, which is around the national average of 1,000. Public transport access includes 1 bus stop. Healthcare facilities include 1 public hospital. The crime rate in the Towong LGA is below average at 3,359 incidents per 100,000 population.
From an investment perspective, Tallangatta offers a gross rental yield of 4.0%, rated as moderate yield. Property prices sit below the state median ($460K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 7.7x is considered moderate. House prices have moved -2.1% year-on-year.
Tallangatta is a small community in Victoria within the Towong local government area (postcode 3700). With a population of 1,175, the suburb has a mature demographic with a median age of 48. Households earn a median income of $60K per year, with an average household size of 2.2 people. The most common occupations are technicians & trades, labourers, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Tallangatta is $460,000, having dipped slightly 2.1% over the past year. The current median weekly rent is $350. This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $1,128.
Tallangatta is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 991, which is around the national average of 1,000. Public transport access includes 1 bus stop. Healthcare facilities include 1 public hospital. The crime rate in the Towong LGA is below average at 3,359 incidents per 100,000 population.
From an investment perspective, Tallangatta offers a gross rental yield of 4.0%, rated as moderate yield. Property prices sit below the state median ($460K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 7.7x is considered moderate. House prices have moved -2.1% year-on-year.