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Tarrenlea, VIC 3315
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$220,000
Median Unit
$145,000
list-price estimate
Gross Yield
-
1yr Growth
-
Investment snapshot for Tarrenlea
Tarrenlea has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Tarrenlea market and investor summary
Tarrenlea (VIC 3315) runs a median house price of $220K. At 1.7% vacancy, it is a tight rental market that favours landlords.
Houses also take time to sell, around 71 days on market, so plan for a slower exit if you ever need one.
Living in Tarrenlea: people, income and schools
About 25 people live in Tarrenlea, a number that has held fairly steady over five years. The median age is 51, an older, established demographic, and 78% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
Households here earn a median of about $56,000 a year, or roughly $1,070 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). At current prices a median house runs to roughly 4.0 times local household income, leaving more headroom than most capital-city markets. Incomes have risen about 28% over five years, which tends to underpin what local buyers can pay.
- Population
- 25
- -0% over 5yr
- Median age
- 51 years
- Median household income
- $56,000/yr
- Households renting
- 13%
- Family households
- 61%
- Socio-economic rank
- 4/10
- ABS advantage index
- Unemployment
- 1.7%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Tarrenlea
No properties currently listed in Tarrenlea
Search Tarrenlea listings →Frequently asked questions about Tarrenlea
What should I check before investing in Tarrenlea?
Tarrenlea has enough public data for first-pass screening across yield, vacancy, price and supply signals. Tight rental market (1.7% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Tarrenlea?
The median property price in Tarrenlea, VIC 3315 is $220K for houses.
How tight is the rental market in Tarrenlea?
The current vacancy rate in Tarrenlea is 1.7%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in Tarrenlea?
Tarrenlea has a population of approximately 25 residents, with a median age of 51.
Is Tarrenlea affordable to buy in?
A median house in Tarrenlea costs about 4.0 times the median local household income (more affordable than most capital-city markets). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Tarrenlea's population growing?
The population of Tarrenlea has held roughly flat over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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