Question 1

Is Tungkillo a nice place to live?

Accepted Answer

Tungkillo is a small rural township in the Adelaide Hills set among rolling farmland and grazing paddocks. Daily life is shaped by agriculture and outdoor living, with a loose cluster of older cottages and farmhouses alongside larger rural-residential blocks. The community of 342 people has a median age of 45 and a median household weekly income of $1,192. Homes are overwhelmingly owner-occupied and families, particularly couple families with and without children, make up most households. The area is car dependent, with local roads linking residents to larger regional towns for shopping and services.

Mid Murray Council has planning and projects for the area, including a community action plan, open-space works for The Range, investigation of potential growth, stormwater projects and a local transfer station. If you value a quiet, spacious rural lifestyle with easy access to hill country, bushland and waterways, and don’t mind driving to nearby towns for many services, Tungkillo could suit you.

Question 2

Is it expensive to live in Tungkillo?

Accepted Answer

There hasn't been enough recent sales or rental data in Tungkillo 5236 to publish reliable house or unit prices or average rents, so it's not possible to describe how expensive it is to live there compared with local incomes. At the most recent Census, the median total household income for the area was $1,192 a week, but without current price or rent figures there's no basis to compare housing costs to that income.

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 Tungkillo a good place to invest?

Accepted Answer

There haven't been enough recent sales in Tungkillo to put reliable figures on how house or unit values and rents have changed over the past year. Without that information, there isn't a clear picture of how the suburb has performed as an investment lately.

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.

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