Question 1

Is Tangambalanga a nice place to live?

Accepted Answer

Tangambalanga is a small rural township in the Kiewa Valley beside the Kiewa River, surrounded by dairy country and irrigated cropping. It functions as a quiet service centre for nearby farms, with a compact main street, modest weatherboard and brick homes and larger rural properties on the outskirts. Life is outdoors-oriented, with the river and nearby hills used for fishing, walking and riding, and a steady rural rhythm through the seasons. The community numbers 908 people, has a median age of 33 and is weighted towards families, with couple families with children the largest group.

Basic shops and services are available locally while larger medical, education and retail needs are met in nearby Albury-Wodonga. Local projects include an established Active Park and further upgrades such as public-toilet and accessibility works, a planned community pump track, masterplanning for Coulston Park, small school extensions and a proposed library modernisation, plus community renewable-energy works at the Lions Club building. That combination will suit people after a small, outdoors-oriented rural centre with high owner-occupation; whether it fits you depends on what you want from a location and its services.

Question 2

Is it expensive to live in Tangambalanga?

Accepted Answer

Tangambalanga hasn't had enough recent sales or rentals to put reliable figures on what homes cost to buy or rent. The ABS records a median total household income of $1,904 a week at the most recent Census, but that number on its own doesn't let us say how expensive housing is in the suburb.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Tangambalanga a good place to invest?

Accepted Answer

House values in Tangambalanga rose 3.8% over the past 12 months, a modest increase in the price of a house there. That movement represents the capital growth shown by the market over the year.

If capital growth is your priority, that house-value change is the figure to focus on; whether it fits your plans depends on your own objectives and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	3.8%	N/A
Sold Past 3 months	5	N/A
Median days on market Past 12 months	29	N/A
Average rent Past 12 months	N/A	N/A
Change in rent Past 12 months	N/A	N/A

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