Tawonga South

Tawonga South is a small suburb with a population of 1012 residents. The majority of residents fall within the age groups of 45-64 years and 65 years or over. The suburb has a diverse range of occupations, with the top three being Managers, Professionals, and Technicians and Tradesworkers. Commuting patterns show a preference for motor vehicles, with a notable proportion working from home. For investors interested in houses, Tawonga South presents an opportunity with a high median growth rate and a good rental yield. The suburb has seen consistent population growth over the years, potentially indicating a stable market. However, the sale price IQR ratio suggests the presence of renovator-friendly properties. With a low discount median and moderate days on market, there is a balanced demand for housing in the area. Tawonga South offers a tranquil lifestyle with a strong sense of community. The suburb is suitable for homeowners looking for a peaceful setting and investors seeking potential growth opportunities in the housing market. With its affordability index and appealing growth rates, Tawonga South presents itself as a promising location for property investment. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022