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Terrick Terrick, VIC 3575
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$420,000
Median Unit
$445,000
list-price estimate
Gross Yield (houses)
2.6%
1yr Growth
-
Investment snapshot for Terrick Terrick
Terrick Terrick has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Terrick Terrick market and investor summary
Terrick Terrick (VIC 3575) runs a median house price of $420K, with houses yielding a gross 2.6%. At 1.2% 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 2.6% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 1.2% and a resident base that is not shrinking.
Living in Terrick Terrick: people, income and schools
Terrick Terrick is home to around 8 people, a number that has held fairly steady over five years. The median age is 46, skewed a little older, and 71% of homes are owner-occupied.
Households here earn a median of about $55,000 a year, or roughly $1,060 a week. On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (3 out of 10). At current prices a median house runs to about 7.6 times local household income, in line with much of metropolitan Australia. Incomes have risen about 20% over five years, which tends to underpin what local buyers can pay.
It is fairly car-dependent; the suburb scores 4 for walkability out of 100.
- Population
- 8
- +1% over 5yr
- Median age
- 46 years
- Median household income
- $55,000/yr
- Households renting
- 20%
- Family households
- 64%
- Socio-economic rank
- 3/10
- ABS advantage index
- Unemployment
- 5.0%
- Walk score
- 4/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Terrick Terrick
No properties currently listed in Terrick Terrick
Search Terrick Terrick listings →Frequently asked questions about Terrick Terrick
What should I check before investing in Terrick Terrick?
Terrick Terrick has enough public data for first-pass screening across yield, vacancy, price and supply signals. Tight rental market (1.2% 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 Terrick Terrick?
The median property price in Terrick Terrick, VIC 3575 is $420K for houses.
What rental yield does Terrick Terrick show?
The gross rental yield in Terrick Terrick is 2.6% 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 Terrick Terrick?
The current vacancy rate in Terrick Terrick is 1.2%. 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 Terrick Terrick?
Terrick Terrick has a population of approximately 8 residents, with a median age of 46.
Is Terrick Terrick affordable to buy in?
A median house in Terrick Terrick costs about 7.6 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 Terrick Terrick's population growing?
The population of Terrick Terrick 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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