Fraud Blocker

Tawonga South, VIC 3698

Home » VIC Real Estate Data » Alpine Shire, VIC » Tawonga South, VIC 3698

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Tawonga South, VIC 3698 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

Upgrade to Professional Plan to see the score

Capital Growth RCS™

Upgrade to Professional Plan to see the score

Cashflow RCS™

Upgrade to Professional Plan to see the score

FREE Investment Property Checklist

Secure your golden ticket to property investment success! Get our meticulously crafted Property Investment Checklist upon subscribing to our newsletter. It’s jam-packed with valuable insights from prime locations to specific building nuances.

Essentials
No Price Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

No Rent Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

Upgrade to Personal Plan to see Yield data.
Yield chart
Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart
Fundamentals
Upgrade to Personal Plan to see IRSAD data.
IRSAD chart
Upgrade to Personal Plan to see U|H and R|O data.
Renters to owners pie chart
Upgrade to Personal Plan to see U|H and R|O data.
unit to houses pie charts
Upgrade to Personal Plan to see Demand Profile data.
Demand chart
Upgrade to Professional Plan to see Affordability Index data.
Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

Upgrade to Professional Plan to see Stock On Market trend.
SOM chart
Upgrade to Professional Plan to see Inventory trend.
Inventory chart
Upgrade to Professional Plan to see Building Approvals trend.
Inventory chart
Upgrade to Professional Plan to see Hold Period trend.
Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

Upgrade to Professional Plan to see Days On Market trend.
DOM chart
Upgrade to Professional Plan to see Vacancy Rate trend.
Inventory chart
Upgrade to Professional Plan to see Search Index trend.
Index chart
Upgrade to Professional Plan to see Clearance Rate trend.
Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

Have a question? You can either leave a comment below or post it on our forum.

0 thoughts on “Tawonga South, VIC 3698”

  1. The total adult population (15 years or older) of Tawonga South 3698 VIC is 866, with a median age of 50. Of those, 53.81% are married, 12.01% are divorced or separated, 26.91% are single and 6.12% are widowed.

    The average household size is 2.2 people per dwelling, and the median household monthly income is estimated to be $7,288. The median monthly mortgage repayment for households in this suburb is $1,300 which is 17.84% of their earnings.

    Source: ABS Census Data (2021)

  2. Tawonga South 3698, a quaint suburb nestled in Victoria, is a humble neighbourhood of around 722 households. By Q3 of 2023, the average house price in Tawonga South 3698 has reached $710,225. The median weekly rent stands at $520, which points towards an attractive indicative yield of 3.81%, aligning favourably with the minimum market requirement preferred by property investors focusing on cash flow.

    The IRSAD score, which gauges the socio-economic affluence of the area, is 1,025 out of 1,217. It paints a fairly positive picture of the area, indicating reasonably high socio-economic status. When it comes to the population’s rental versus ownership scenario, the renter to owner ratio stands firm at 14%. This puts the area in a favourable category due to the lower proportion of renters, increasing the overall appeal and projecting long-term solid returns with a lower risk profile.

    The small housing market in Tawonga South 3698 enjoys an extremely low units to houses ratio of just 3%, confirming less competition among landlords for tenants, potentially translating to improved rental yields. Also, with its minimal emphasis on unit accommodation, it’s more likely to attract families seeking long-term tenancy, adding to its charms.

    Similarly, the suburb’s supply metrics reveal a compelling story. Although, the affordability index at 41 years does indicate a challenging market in terms of property ownership, appearing less favourable to potential homebuyers expecting to fully own a property within the 30-year mortgage tenure. Nevertheless, the ‘Stock on Market’ percentage comes in at a mere 0.14%, placing the suburb in the low supply, favourable boundary. Plus, a tight inventory of just 0.75 months also illustrates low supply conditions in Tawonga South 3698.

    With a 0.0% building approvals Ratio for houses, future supply seems limited, further contributing towards potential growth in property values due to demand pressure. However, the 120 ‘Days on Market’ does lean towards the higher end, implying a slight sluggishness in demand in its current condition. The vacancy rate, an amalgamation of both houses and units, is recorded at 2.97%, representing neutral demand, neither high nor low, which could be reassuring for property investors.

    At the same time, the buy search index for houses rests at 3, a neutral demand indicator for Tawonga South 3698. Understanding these combined metrics and trend directions are critical when looking to capitalise on real estate investments. Using advanced analytical platforms like the HtAG analytics RCS program, that evaluates over 80 metrics, is highly recommended to simplify this complex property market data analysis.
    This data-backed commentary provides insight into Tawonga South 3698’s nuances but is subjected to market fluctuations and changes—re-emphasising the importance of staying aware and informed.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

Leave a comment