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All About Tarnagulla, Loddon, VIC, 3551

Tarnagulla, located in the Loddon Shire of Victoria, is a small yet charming town known for its rich gold rush history and tranquil rural lifestyle. The housing market in Tarnagulla is characterized by its affordability compared to larger urban centers, making it an attractive option for those seeking a quieter and more cost-effective living environment. Most properties in the area encompass quaint, historic homes that echo the town’s past, as well as spacious plots of land perfect for those interested in establishing a hobby farm or enjoying wide-open spaces. Recent trends have shown a growing interest in Tarnagulla from individuals and families looking to escape the fast-paced city life, drawn by the promise of a tight-knit community and serene natural surroundings.

Living in Tarnagulla offers a unique blend of history, community, and nature. Residents enjoy a peaceful lifestyle, with the benefits of a supportive community where people often know each other by name. The town is surrounded by picturesque landscapes and offers various outdoor activities, including bushwalking and birdwatching, which appeal to nature enthusiasts. In addition to its scenic beauty, Tarnagulla provides essential amenities such as local shops and community services, fostering a comfortable living environment. Though more extensive services and cultural activities are accessible in nearby larger towns and cities, Tarnagulla's charm lies in its simplicity and heritage, offering a distinct lifestyle that resonates with those looking to embrace the benefits of rural living.

Household Makeup

Median Weekly Rent $195.00
Median Monthly Mortgage $844.67
Median Persons Per bed houseroom 0.80
Average Household Size 2.00
Average Age 53.67
Average Income $531.67
Average Cars Per Dwelling 2.32
Average Properties Within 50M 4
Typical 1 bed house$117,000
Typical 2 bed house$273,000
Typical 3 bed house$317,000
Typical 4 bed house$456,000
Typical 5 bed house$278,000
Typical 6 bed+ house$320,000

Housing Stock

Local Internet Speeds

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Tarnagulla Real Estate Market Outlook

Thinking about buying in Tarnagulla? Now could not be a better time, with just 190 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $316,000 with prices in this suburb ranging from $33,000 to $751,000. The aproximate distance to the coast is 144 Km.

Consistent high demand relative to supply is a key feature in Tarnagulla driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Tarnagulla due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Tarnagulla changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Tarnagulla to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Tarnagulla the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Instant Property Valuation

Local Schools

Tarnagulla Primary School

(While the above schools are located with the suburb of Tarnagulla there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Tarnagulla weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Sept1.74.917.644.793.53.515.7
Oct1.37.522.035.488.43.921.1
Nov1.510.425.530.085.54.124.6
Dec0.712.629.023.178.04.428.3
Jan0.714.832.220.975.64.427.3
Feb1.014.830.127.079.44.223.0
Mar1.512.426.333.483.73.718.2
Apr1.58.821.840.188.33.213.4
May1.65.716.953.194.82.89.7
Jun1.73.713.662.096.82.68.0
Jul1.83.012.962.297.03.07.8
Aug1.53.314.353.496.03.211.1

source: Australian Government Bureau of Meteorology



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General Points of Interest


Nearby Suburbs

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