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Teesdale, VIC 3328

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Tight Rental Market

Median House

$965,000

market range $900K-$1.0M

Median Unit

$640,000

Gross Yield (houses)

3.3%

1yr Growth (houses)

+4.8%

market range -7.5% to +20.0%

Investment snapshot for Teesdale

Teesdale has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Teesdale market and investor summary

In Teesdale, VIC 3328, the median house sells for around $965K, on a gross rental yield of 3.3% for houses. House prices have moved +4.8% over the past year and +29.2% over three years. At 1.8% 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 3.3% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 1.8% and a resident base that is not shrinking. Houses also take time to sell, around 61 days on market, so plan for a slower exit if you ever need one.

Living in Teesdale: people, income and schools

About 2,308 people live in Teesdale, and the area has been growing steadily, up about 15% over five years. At a median age of 37, it reads as broadly working-age, and 93% 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 $113,000 a year (about $2,170 a week). On socio-economic measures it ranks comfortably above the national middle (7 out of 10 on the ABS advantage index). At current prices a median house runs to about 8.5 times local household income, in line with much of metropolitan Australia. Incomes have risen about 27% over five years, which tends to underpin what local buyers can pay.

There is 1 school within about 5km, testing a little above the national school average on ICSEA. It is fairly car-dependent; the suburb scores 9 for walkability out of 100. Fixed broadband is delivered over the NBN's Fixed Wireless.

Population
2,308
+15% over 5yr
Median age
37 years
Median household income
$113,000/yr
Households renting
5%
Family households
87%
Socio-economic rank
7/10
ABS advantage index
Schools within 5km
1
avg ICSEA 1031
Unemployment
2.9%
Walk score
9/100

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Teesdale

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Frequently asked questions about Teesdale

What should I check before investing in Teesdale?

Teesdale has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.3% gives a usable rent-to-price starting point. Capital growth of +4.8% in the past year shows positive recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Teesdale?

The median property price in Teesdale, VIC 3328 is $965K for houses and $640K for units.

What rental yield does Teesdale show?

The gross rental yield in Teesdale is 3.3% for houses and 4.3% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

What does recent house price growth show for Teesdale?

House prices in Teesdale are up 4.8% over the past year and up 29.2% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.

How tight is the rental market in Teesdale?

The current vacancy rate in Teesdale is 1.8%. 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 Teesdale?

Teesdale has a population of approximately 2,308 residents, with a median age of 37.

What schools are near Teesdale?

There are 1 school within roughly 5km of Teesdale. 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 Teesdale affordable to buy in?

A median house in Teesdale costs about 8.5 times the median local household income (broadly in line with metropolitan Australia). 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 Teesdale's population growing?

The population of Teesdale has grown about 15% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

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