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Tungamah, VIC 3728
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$700,000
list-price estimate
Median Unit
$415,000
Gross Yield (houses)
6.7%
1yr Growth
-
Investment snapshot for Tungamah
Tungamah has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Tungamah market and investor summary
In Tungamah, VIC 3728, houses show a gross rental yield of 6.7%. At 2.1% vacancy, it is a broadly balanced rental market.
For an investor, the rent-to-price maths here leans toward cashflow: a gross house yield near 6.7% does more of the early heavy lifting than capital growth usually would at this price point.
Living in Tungamah: people, income and schools
Tungamah has a resident population of roughly 449, a number that has held fairly steady over five years. At a median age of 50, it reads as an older, established demographic, and 74% 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 $52,000 a year (about $1,010 a week). On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (1 out of 10). Incomes have risen about 14% 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 1 for walkability out of 100. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 449
- +2% over 5yr
- Median age
- 50 years
- Median household income
- $52,000/yr
- Households renting
- 14%
- Family households
- 72%
- Socio-economic rank
- 1/10
- ABS advantage index
- Schools within 5km
- 1
- avg ICSEA 964
- Unemployment
- 2.1%
- Walk score
- 1/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Tungamah
No properties currently listed in Tungamah
Search Tungamah listings →Frequently asked questions about Tungamah
What should I check before investing in Tungamah?
Tungamah has enough public data for first-pass screening across yield, vacancy, price and supply signals. Strong house gross rental yield of 6.7%, before expenses, tax and loan costs. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Tungamah?
The median property price in Tungamah, VIC 3728 is $415K for units.
What rental yield does Tungamah show?
The gross rental yield in Tungamah is 6.7% for houses and 1.9% 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 Tungamah?
The current vacancy rate in Tungamah is 2.1%. A rate under 2% generally signals a tight rental market. This suburb's rental market is balanced, favouring neither landlords nor tenants strongly.
How many people live in Tungamah?
Tungamah has a population of approximately 449 residents, with a median age of 50.
What schools are near Tungamah?
There are 1 school within roughly 5km of Tungamah. 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 Tungamah's population growing?
The population of Tungamah has grown modestly, about 2% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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