Teesdale vs Tolmie
Property investment comparison - Teesdale, VIC 3328 vs Tolmie, VIC 3723
Head-to-head across core investment metrics: Teesdale wins 1, Tolmie wins 3. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.
| Metric | Teesdale | Tolmie |
|---|---|---|
| Median house price | $965K | $965K |
| Median unit price | $640K | $445K |
| Gross rental yield (houses) | 3.31% | 3.65% |
| Gross rental yield (units) | 4.30% | 9.45% |
| 1-year house growth | +4.8% | - |
| 3-year house growth | +29.2% | - |
| Vacancy rate | 1.8% | 3.7% |
| Population | 2,308 | 547 |
Teesdale vs Tolmie: what the numbers say
Houses cost about the same in both suburbs: the median house price is $965K in Teesdale and $965K in Tolmie.
For units, Teesdale sits at a median of $640K against $445K in Tolmie, which makes Tolmie the more affordable unit market and Teesdale the pricier one.
On cash flow, Tolmie leads: houses there return a gross rental yield of 3.65%, compared with 3.31% in Teesdale, a gap of 0.34 percentage points.
Rental vacancy is 1.8% in Teesdale and 3.7% in Tolmie, so landlords in Teesdale face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Teesdale is the bigger suburb, with a population of 2,308 against 547, roughly 4.2 times the size of Tolmie; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Tolmie for rental income, Teesdale for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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