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Tawonga South, VIC 3698

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Tight Rental Market

Median House

$860,000

list-price estimate

Median Unit

$610,000

Gross Yield (houses)

3.8%

1yr Growth (houses)

+1.3%

market range -5.0% to +7.5%

Investment snapshot for Tawonga South

Tawonga South has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Tawonga South market and investor summary

In Tawonga South, VIC 3698, houses show a gross rental yield of 3.8%. House prices have moved +1.3% over the past year. At 0.8% vacancy, it is a tight rental market that favours landlords.

For an investor, the rent-to-price profile sits mid-range: a gross house yield near 3.8% is neither a standout cashflow play nor a pure growth bet. Rental demand looks steady, with vacancy at 0.8% and a resident base that is not shrinking. Houses also take time to sell, around 85 days on market, so plan for a slower exit if you ever need one.

Living in Tawonga South: people, income and schools

Tawonga South has a resident population of roughly 1,012, a number that has held fairly steady over five years. The median age is 50, an older, established demographic, 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.

Households here earn a median of about $72,000 a year, or roughly $1,390 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 16% over five years, which tends to underpin what local buyers can pay.

There are 2 schools within about 5km, testing a little above the national school average on ICSEA. Fixed broadband is delivered over the NBN's Fixed Wireless.

Population
1,012
+3% over 5yr
Median age
50 years
Median household income
$72,000/yr
Households renting
14%
Family households
67%
Socio-economic rank
8/10
ABS advantage index
Schools within 5km
2
avg ICSEA 1039
Unemployment
2.0%

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Tawonga South

No properties currently listed in Tawonga South

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Frequently asked questions about Tawonga South

What should I check before investing in Tawonga South?

Tawonga South has enough public data for first-pass screening across yield, vacancy, price and supply signals. Tight rental market (0.8% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Tawonga South?

The median property price in Tawonga South, VIC 3698 is $610K for units.

What rental yield does Tawonga South show?

The gross rental yield in Tawonga South is 3.8% 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.

What does recent house price growth show for Tawonga South?

House prices in Tawonga South are up 1.3% over the past year. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.

How tight is the rental market in Tawonga South?

The current vacancy rate in Tawonga South is 0.8%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.

How many people live in Tawonga South?

Tawonga South has a population of approximately 1,012 residents, with a median age of 50.

What schools are near Tawonga South?

There are 2 schools within roughly 5km of Tawonga South. Their average ICSEA is a little above the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Tawonga South's population growing?

The population of Tawonga South has grown modestly, about 3% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

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