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Tarrington, VIC 3301
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$820,000
market range $525K-$850K
Median Unit
$395,000
Gross Yield (houses)
2.0%
1yr Growth
-
Investment snapshot for Tarrington
Tarrington has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Tarrington market and investor summary
In Tarrington, VIC 3301, the median house sells for around $820K, on a gross rental yield of 2.0% for houses. At 12.4% vacancy, it is a softer rental market with more choice for tenants.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 2.0% will not cover holding costs in the early years, so the case leans on price appreciation. Demand is softer at 12.4% vacancy, so longer gaps between tenants are more likely and worth building into the numbers. Houses also take time to sell, around 264 days on market, so plan for a slower exit if you ever need one.
Living in Tarrington: people, income and schools
Tarrington has a resident population of roughly 328, a number that has held fairly steady over five years. At a median age of 51, it reads as an older, established demographic, and 86% 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 $89,000 a year (about $1,710 a week). On socio-economic measures it ranks comfortably above the national middle (8 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 9.2 times local household income, so affordability is a genuine constraint on local buyers.
There is 1 school within about 5km, testing a little above the national school average on ICSEA. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 328
- +0% over 5yr
- Median age
- 51 years
- Median household income
- $89,000/yr
- Households renting
- 5%
- Family households
- 78%
- Socio-economic rank
- 8/10
- ABS advantage index
- Schools within 5km
- 1
- avg ICSEA 1047
- 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 Tarrington
No properties currently listed in Tarrington
Search Tarrington listings →Frequently asked questions about Tarrington
What should I check before investing in Tarrington?
Tarrington has enough public data for first-pass screening across yield, vacancy, price and supply signals. Strong unit gross rental yield of 6.0%, before expenses, tax and loan costs. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Tarrington?
The median property price in Tarrington, VIC 3301 is $820K for houses and $395K for units.
What rental yield does Tarrington show?
The gross rental yield in Tarrington is 2.0% for houses and 6.0% 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 Tarrington?
The current vacancy rate in Tarrington is 12.4%. A rate under 2% generally signals a tight rental market. This suburb's rental market is softer, with tenants having more choice and rents possibly under pressure.
How many people live in Tarrington?
Tarrington has a population of approximately 328 residents, with a median age of 51.
What schools are near Tarrington?
There are 1 school within roughly 5km of Tarrington. Their average ICSEA is a little above the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Tarrington affordable to buy in?
A median house in Tarrington costs about 9.2 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). 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 Tarrington's population growing?
The population of Tarrington 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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