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Talgarno, VIC 3691
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$775,000
list-price estimate
Median Unit
$510,000
Gross Yield (houses)
3.0%
1yr Growth
-
Investment snapshot for Talgarno
Talgarno has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Talgarno market and investor summary
In Talgarno, VIC 3691, houses show a gross rental yield of 3.0%. At 5.8% vacancy, it is a softer rental market with more choice for tenants.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 3.0% will not cover holding costs in the early years, so the case leans on price appreciation. Demand is softer at 5.8% vacancy, so longer gaps between tenants are more likely and worth building into the numbers.
Living in Talgarno: people, income and schools
About 245 people live in Talgarno, and the area has been growing steadily, up about 16% over five years. At a median age of 45, it reads as skewed a little older, and 85% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
The typical household income runs to around $99,000 a year (about $1,900 a week). On socio-economic measures it ranks comfortably above the national middle (8 out of 10 on the ABS advantage index). Incomes have risen about 19% over five years, which tends to underpin what local buyers can pay.
There is 1 school within about 5km, testing close to the national school average on ICSEA. It is fairly car-dependent; the suburb scores 2 for walkability out of 100.
- Population
- 245
- +16% over 5yr
- Median age
- 45 years
- Median household income
- $99,000/yr
- Households renting
- 14%
- Family households
- 83%
- Socio-economic rank
- 8/10
- ABS advantage index
- Schools within 5km
- 1
- avg ICSEA 992
- Unemployment
- 2.2%
- Walk score
- 2/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Talgarno
No properties currently listed in Talgarno
Search Talgarno listings →Frequently asked questions about Talgarno
What should I check before investing in Talgarno?
Talgarno has enough public data for first-pass screening across yield, vacancy, price and supply signals. Houses sell quickly (21 days on market), which points to strong sales liquidity. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Talgarno?
The median property price in Talgarno, VIC 3691 is $510K for units.
What rental yield does Talgarno show?
The gross rental yield in Talgarno is 3.0% for houses and 3.5% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
How tight is the rental market in Talgarno?
The current vacancy rate in Talgarno is 5.8%. A rate under 2% generally signals a tight rental market. This suburb's rental market is softer, with tenants having more choice and rents possibly under pressure.
How many people live in Talgarno?
Talgarno has a population of approximately 245 residents, with a median age of 45.
What schools are near Talgarno?
There are 1 school within roughly 5km of Talgarno. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Talgarno's population growing?
The population of Talgarno has grown about 16% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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