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Tarrawingee, VIC 3678
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$1,015,000
list-price estimate
Median Unit
$385,000
Gross Yield (houses)
3.2%
1yr Growth
-
Investment snapshot for Tarrawingee
Tarrawingee has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Tarrawingee market and investor summary
In Tarrawingee, VIC 3678, houses show a gross rental yield of 3.2%. At 2.2% vacancy, it is a broadly balanced rental market.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 3.2% will not cover holding costs in the early years, so the case leans on price appreciation. Houses also take time to sell, around 69 days on market, so plan for a slower exit if you ever need one.
Living in Tarrawingee: people, income and schools
Tarrawingee has a resident population of roughly 416, a number that has held fairly steady over five years. At a median age of 46, it reads as skewed a little older, and 94% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
The typical household income runs to around $74,000 a year (about $1,420 a week). On socio-economic measures it ranks comfortably above the national middle (8 out of 10 on the ABS advantage index). Incomes have risen about 19% over five years, which tends to underpin what local buyers can pay.
It is fairly car-dependent; the suburb scores 2 for walkability out of 100. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 416
- +3% over 5yr
- Median age
- 46 years
- Median household income
- $74,000/yr
- Households renting
- 7%
- Family households
- 79%
- Socio-economic rank
- 8/10
- ABS advantage index
- Unemployment
- 3.0%
- Walk score
- 2/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Tarrawingee
No properties currently listed in Tarrawingee
Search Tarrawingee listings →Frequently asked questions about Tarrawingee
What should I check before investing in Tarrawingee?
Tarrawingee has enough public data for first-pass screening across yield, vacancy, price and supply signals. Use the available metrics below to compare it with nearby suburbs before relying on the suburb-level view.
What are typical property prices in Tarrawingee?
The median property price in Tarrawingee, VIC 3678 is $385K for units.
What rental yield does Tarrawingee show?
The gross rental yield in Tarrawingee is 3.2% for houses and 3.7% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
How tight is the rental market in Tarrawingee?
The current vacancy rate in Tarrawingee is 2.2%. A rate under 2% generally signals a tight rental market. This suburb's rental market is balanced, favouring neither landlords nor tenants strongly.
How many people live in Tarrawingee?
Tarrawingee has a population of approximately 416 residents, with a median age of 46.
Is Tarrawingee's population growing?
The population of Tarrawingee has grown modestly, about 3% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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