Talwood is well known for it's annual Picnic Races held on the June long weekend each year. People travel from afar for this event and the town swells to ten times it's normal population.

Talwood has a pretty main street, with well kept lawns and trees. The Talwood Hotel, a beautiful country hotel, offers delicious meals and cold beer for the locals and travellers. Talwood is also known for the number of churches that are in the town.