2 Banool RoadTallangatta VIC 3700
Property Details for 2 Banool Rd, Tallangatta
Last Listing description (June 2021)
Built around 1956, the Victoria Hotel is the quintessential country style pub with a strong local following and visited by a consistent flow of visitors. Features include:
- 10 year lease commencing October 2013. 2 x 5 year options
- Current annual rental of $33,800.00 + GST + Outgoings
- Large, 529.54 sqm (approx.) building set over two floors
- Incorporates bar, lounge, dining room, industrial kitchen
- Beer garden, alfresco dining area and 10 room accommodation area
- Upstairs includes private residence and office area
- Secure yard
Property History for 2 Banool Rd, Tallangatta, VIC 3700
- 26 May 2022Listed for Sale REDUCED PRICE $50,000 plus SAV
- 12 May 2021Sold for $415,000
- 17 Mar 2020Listed for Sale UNDER CONTRACT
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0About 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 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:
- The median value for Houses in Tallangatta is $423,331 while the median value for Units is $326,707.
- Houses have a median rent of $400 while Units have a median rent of $150.
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