Tangambalanga is a small community in Victoria within the Indigo local government area (postcode 3691). With a population of 908, the suburb has a mix of young professionals and families with a median age of 33. Households earn a median income of $99K per year, with an average household size of 2.8 people. The most common occupations are technicians & trades, professionals, managers. The top ancestries reported are Australian, English, Irish.
The median house price in Tangambalanga is $676,000, having surged 21.2% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $1,614.
Tangambalanga is served by 1 school, including 1 primary. The average ICSEA score is 1010, which is around the national average of 1,000. Public transport access includes 1 bus stop. The crime rate in the Indigo LGA is below average at 3,341 incidents per 100,000 population.
From an investment perspective, Tangambalanga offers a gross rental yield of 3.5%, rated as moderate yield. Property prices are near the state median ($676K/$875K). The price-to-income ratio of 6.8x is considered moderate. House prices have moved +21.2% year-on-year.
Tangambalanga is a small community in Victoria within the Indigo local government area (postcode 3691). With a population of 908, the suburb has a mix of young professionals and families with a median age of 33. Households earn a median income of $99K per year, with an average household size of 2.8 people. The most common occupations are technicians & trades, professionals, managers. The top ancestries reported are Australian, English, Irish.
The median house price in Tangambalanga is $676,000, having surged 21.2% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $1,614.
Tangambalanga is served by 1 school, including 1 primary. The average ICSEA score is 1010, which is around the national average of 1,000. Public transport access includes 1 bus stop. The crime rate in the Indigo LGA is below average at 3,341 incidents per 100,000 population.
From an investment perspective, Tangambalanga offers a gross rental yield of 3.5%, rated as moderate yield. Property prices are near the state median ($676K/$875K). The price-to-income ratio of 6.8x is considered moderate. House prices have moved +21.2% year-on-year.