Tongala, a charming town situated in the Campaspe Shire of Victoria, offers a unique blend of rural tranquility and accessible community living. The local housing market in Tongala is characterized by its affordability compared to larger cities, making it an attractive option for both first-time homebuyers and retirees looking to downsize. The properties available in Tongala range from classic country homes and modern builds to agricultural properties, reflecting the town's rich farming heritage. Over recent years, the demand for housing in Tongala has seen a moderate increase, driven by individuals and families seeking the quieter, more spacious lifestyle that the town offers, while still being within a reasonable commuting distance to larger regional hubs like Echuca and Shepparton.
Living in Tongala provides residents with a welcoming community atmosphere, epitomized by local events, sports clubs, and community groups that foster a strong sense of togetherness. The town is well-equipped with essential services, including schools, medical facilities, and shopping options, which cater to the daily needs of its population. Natural beauty surrounds Tongala, with open farmland, nearby river systems, and reserve areas, offering plenty of opportunities for outdoor recreation. The pace of life is relaxed, and the friendly demeanor of the local population contributes to a warm, inviting environment, ideal for those looking to escape the hustle and bustle of city life and embrace the serenity of rural Victoria.
Median Weekly Rent | $193.33 |
Median Monthly Mortgage | $1217.50 |
Median Persons Per bed houseroom | 0.83 |
Average Household Size | 2.67 |
Average Age | 41.00 |
Average Income | $641.17 |
Average Cars Per Dwelling | 2.10 |
Average Properties Within 50M | 6 |
Typical 1 bed house | $376,000 |
Typical 2 bed house | $323,000 |
Typical 3 bed house | $426,000 |
Typical 4 bed house | $620,000 |
Typical 5 bed house | $1,099,000 |
Housing Stock
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Thinking about buying in Tongala? Now could not be a better time, with 1068 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $451,000 with prices in this suburb ranging from $49,000 to $3,753,000. The aproximate distance to the coast is 166 Km.
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. 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 Tongala 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 Tongala 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. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Tongala 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 Valuation1757 Finlay Road, Tongala, VIC, 3621 | 4 | 2 | 12 | $1,090,000 - $1,180,000 | |
37 Henderson Road, Tongala, VIC, 3621 | 3 | 1 | 6 | $499,000 - $535,000 | |
11-13 Memorial Drive, Tongala, VIC, 3621 | $179,000 - $189,000 |
St Patrick's School
Tongala Primary School
(While the above schools are located with the suburb of Tongala there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.3 | 15.7 | 32.8 | 23.7 | 80.9 | 3.2 | 26.4 |
Feb | 0.6 | 15.3 | 31.4 | 26.3 | 81.6 | 2.9 | 23.5 |
Mar | 1.4 | 13.1 | 27.8 | 32.0 | 86.1 | 2.7 | 18.0 |
Apr | 1.5 | 9.5 | 23.1 | 41.3 | 92.6 | 2.1 | 13.3 |
May | 1.3 | 6.3 | 17.8 | 54.5 | 97.0 | 2.1 | 9.4 |
Jun | 1.5 | 3.9 | 14.2 | 66.7 | 98.7 | 1.9 | 7.6 |
Jul | 1.3 | 3.7 | 13.8 | 66.4 | 98.6 | 2.2 | 8.4 |
Aug | 1 | 3.8 | 15 | 57.2 | 98.1 | 2.3 | 11.3 |
Sept | 1.0 | 5.6 | 18.7 | 47.2 | 97.5 | 2.4 | 16.2 |
Oct | 0.8 | 7.9 | 23.7 | 34.9 | 93.3 | 2.7 | 21.6 |
Nov | 0.8 | 10.7 | 27.3 | 27 | 89.4 | 3.0 | 24.9 |
Dec | 1.3 | 13.5 | 30.7 | 21.6 | 81.5 | 3.2 | 28.1 |
source: Australian Government Bureau of Meteorology
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