Tatura is a smaller suburb in Victoria within the Greater Shepparton local government area (postcode 3616). With a population of 4,955, the suburb has an established demographic with a median age of 44. Households earn a median income of $71K per year, with an average household size of 2.4 people. The most common occupations are professionals, labourers, managers. The top ancestries reported are Australian, English, Irish.
The median house price in Tatura is $430,000, having dropped significantly 9.5% over the past year. Units have a median price of $330,000 (-10.1% YoY). The current median weekly rent is $400. This gives a gross rental yield of approximately 4.8%. The median monthly mortgage repayment is $1,300.
Tatura is served by 2 schools, including 2 primary. The average ICSEA score is 1010, which is around the national average of 1,000. Public transport access includes 2 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Greater Shepparton LGA is higher than average at 14,955 incidents per 100,000 population.
From an investment perspective, Tatura offers a gross rental yield of 4.8%, rated as moderate yield. Property prices sit below the state median ($430K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 6.1x is considered moderate. House prices have moved -9.5% year-on-year.
Tatura is a smaller suburb in Victoria within the Greater Shepparton local government area (postcode 3616). With a population of 4,955, the suburb has an established demographic with a median age of 44. Households earn a median income of $71K per year, with an average household size of 2.4 people. The most common occupations are professionals, labourers, managers. The top ancestries reported are Australian, English, Irish.
The median house price in Tatura is $430,000, having dropped significantly 9.5% over the past year. Units have a median price of $330,000 (-10.1% YoY). The current median weekly rent is $400. This gives a gross rental yield of approximately 4.8%. The median monthly mortgage repayment is $1,300.
Tatura is served by 2 schools, including 2 primary. The average ICSEA score is 1010, which is around the national average of 1,000. Public transport access includes 2 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Greater Shepparton LGA is higher than average at 14,955 incidents per 100,000 population.
From an investment perspective, Tatura offers a gross rental yield of 4.8%, rated as moderate yield. Property prices sit below the state median ($430K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 6.1x is considered moderate. House prices have moved -9.5% year-on-year.