DEVELOPMENT BLOCK
THIS QUAINT OLD MINORS COTTAGE IS IN NEED OF MAJOR RESTORATION, TWO BEDROOMS PLUS ENCLOSED SLEEP OUT. IT IS ON A LARGE ALLOTMENT OF LAND APPROX 1900m2. EXCELLENT CENTRAL POSITION IDEAL FOR BUILDING NEW HOME IN THE TOWN OF TUNGAMAH CLOSE TO SHOPS & SCHOOLS. ONLY 15 MINUTES FROM YARRAWONGA WITH DAILY BUS SERVICES.
The size of Tungamah is approximately 190.1 square kilometres. The population of Tungamah in 2011 was 287 people. By 2016 the population was 403 showing a population growth of 40.4% in the area during that time. The predominant age group in Tungamah is 50-59 years. Households in Tungamah are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Tungamah work in a managers occupation. In 2011, 80.5% of the homes in Tungamah were owner-occupied compared with 76.9% in 2016.
Tungamah has 366 properties. Over the last 5 years, Houses in Tungamah have seen a 48.97% increase in median value, while Units have seen a -56.02% decrease. As at 31 October 2024:
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