1/11 Karrika St, Tallangatta is a 3 bedroom, 1 bathroom House. The property has a land size of 458m2.
These three bedroom spacious units offer a rare opportunity to secure a solid investment in the peaceful township of Tallangatta.
Unit 1 has been recently renovated featuring 3 bedrooms with built in robes, large bright living area with ceiling fans and split system heating and cooling, near new carpets throughout, freshly painted in modern tones, large bathroom and carport car accommodation.
Unit 2 consists of 3 good size bedrooms with small ensuite. A large kitchen/meals and lounge area painted in modern tones with split system heating and cooling and spacious bathroom.
Both units are tenanted and offer a better than 5% return to the savvy investor.
The properties are a short stroll to the Main Street, schools, hospital, bus services, Hume Weir and all sporting facilities.
The size of Tallangatta is approximately 55.6 square kilometres. It has 1 park covering nearly 0.9% of total area. The population of Tallangatta in 2011 was 954 people. By 2016 the population was 1,080 showing a population growth of 13.2% in the area during that time. The predominant age group in Tallangatta is 50-59 years. Households in Tallangatta are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Tallangatta work in a trades occupation. In 2011, 69.5% of the homes in Tallangatta were owner-occupied compared with 74.2% in 2016.
Tallangatta has 679 properties. Over the last 5 years, Houses in Tallangatta have seen a 72.40% increase in median value, while Units have seen a 66.18% increase. As at 31 October 2024:
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