OFF MARKET

1/11 Karrika Street
Tallangatta VIC 3700

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 458m2
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Property Details for 1/11 Karrika St, Tallangatta

1/11 Karrika St, Tallangatta is a 3 bedroom, 1 bathroom House. The property has a land size of 458m2.

Building Type
House
Land Size
458m2
Local Government
Towong

Last Listing description (November 2020)

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.

Property History for 1/11 Karrika St, Tallangatta, VIC 3700

A timeline of how this property has performed in the market
Listed for Rent
$275/w
01 Jul 2019
  • 18 Nov 2019
    Listed for Sale $490,000
  • 04 Jun 2019
    Listed for Rent $275 / week

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About Tallangatta 3700

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 680 properties. Over the last 5 years, Houses in Tallangatta have seen a 79.80% increase in median value, while Units have seen a 68.41% increase. As at 31 August 2024:

  • The median value for Houses in Tallangatta is $437,105 while the median value for Units is $356,788.
  • Houses have a median rent of $400 while Units have a median rent of $150.
There are currently 4 properties listed for sale, and no properties listed for rent in Tallangatta on OnTheHouse. According to CoreLogic's data, 23 properties were sold in the past 12 months in Tallangatta.

Suburb Insights for Tallangatta 3700

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.