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Tarrone, VIC 3283
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$650,000
Median Unit
$435,000
list-price estimate
Gross Yield (houses)
3.0%
1yr Growth
-
Investment snapshot for Tarrone
Tarrone has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Tarrone market and investor summary
In Tarrone, VIC 3283, the median house sells for around $650K, on a gross rental yield of 3.0% for houses. At 5.9% 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 3.0% will not cover holding costs in the early years, so the case leans on price appreciation. Demand is softer at 5.9% vacancy, so longer gaps between tenants are more likely and worth building into the numbers.
Living in Tarrone: people, income and schools
About 69 people live in Tarrone, a number that has held fairly steady over five years. At a median age of 60, it reads as an older, established demographic, and 77% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
On socio-economic measures it ranks comfortably above the national middle (7 out of 10 on the ABS advantage index). Incomes have risen about 20% over five years, which tends to underpin what local buyers can pay.
Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 69
- +4% over 5yr
- Median age
- 60 years
- Households renting
- 10%
- Family households
- 79%
- Socio-economic rank
- 7/10
- ABS advantage index
- Unemployment
- 1.2%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Tarrone
No properties currently listed in Tarrone
Search Tarrone listings →Frequently asked questions about Tarrone
What should I check before investing in Tarrone?
Tarrone 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 Tarrone?
The median property price in Tarrone, VIC 3283 is $650K for houses.
What rental yield does Tarrone show?
The gross rental yield in Tarrone is 3.0% for houses. 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 Tarrone?
The current vacancy rate in Tarrone is 5.9%. 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 Tarrone?
Tarrone has a population of approximately 69 residents, with a median age of 60.
Is Tarrone's population growing?
The population of Tarrone has grown modestly, about 4% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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