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Teal Point, VIC 3579
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$685,000
Median Unit
$220,000
Gross Yield (houses)
3.1%
1yr Growth
-
Investment snapshot for Teal Point
Teal Point has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Teal Point market and investor summary
Teal Point (VIC 3579) runs a median house price of $685K, with houses yielding a gross 3.1%. At 0.9% vacancy, it is a tight rental market that favours landlords.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 3.1% will not cover holding costs in the early years, so the case leans on price appreciation. Houses also take time to sell, around 86 days on market, so plan for a slower exit if you ever need one.
Living in Teal Point: people, income and schools
Teal Point has a resident population of roughly 54, a count that has slipped about 3% over five years. The median age is 53, an older, established demographic, and families account for 63% of households.
On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (3 out of 10).
Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 54
- -3% over 5yr
- Median age
- 53 years
- Households renting
- 20%
- Family households
- 63%
- Socio-economic rank
- 3/10
- ABS advantage index
- Unemployment
- 2.4%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Teal Point
No properties currently listed in Teal Point
Search Teal Point listings →Frequently asked questions about Teal Point
What should I check before investing in Teal Point?
Teal Point has enough public data for first-pass screening across yield, vacancy, price and supply signals. Solid unit gross rental yield of 5.7%, giving a stronger rent-to-price starting point than many suburbs. Tight rental market (0.9% 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 Teal Point?
The median property price in Teal Point, VIC 3579 is $685K for houses and $220K for units.
What rental yield does Teal Point show?
The gross rental yield in Teal Point is 3.1% for houses and 5.7% 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 Teal Point?
The current vacancy rate in Teal Point is 0.9%. 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 Teal Point?
Teal Point has a population of approximately 54 residents, with a median age of 53.
Is Teal Point's population growing?
The population of Teal Point has fallen about 3% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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