The size of Tarnagulla is approximately 28.7 square kilometres. It has 3 parks covering nearly 68.5% of total area. The population of Tarnagulla in 2011 was 305 people. By 2016 the population was 121 showing a population decline of 60.3% in the area during that time. The predominant age group in Tarnagulla is 60-69 years. Households in Tarnagulla are primarily childless couples and are likely to be repaying $450 - $599 per month on mortgage repayments. In general, people in Tarnagulla work in a professional occupation. In 2011, 85.3% of the homes in Tarnagulla were owner-occupied compared with 77.8% in 2016.
Tarnagulla has 189 properties. Over the last 5 years, Houses in Tarnagulla have seen a 114.26% increase in median value, while Units have seen a 295.02% increase. As at 30 September 2024:
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