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Tetoora Road, VIC 3821
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$955,000
market range $450K-$975K
Median Unit
$570,000
list-price estimate
Gross Yield (houses)
3.2%
1yr Growth
-
Investment snapshot for Tetoora Road
Tetoora Road has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Tetoora Road market and investor summary
Tetoora Road (VIC 3821) runs a median house price of $955K, with houses yielding a gross 3.2%. At 12.7% 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 3.2% will not cover holding costs in the early years, so the case leans on price appreciation. Demand is softer at 12.7% vacancy, so longer gaps between tenants are more likely and worth building into the numbers. Houses also take time to sell, around 65 days on market, so plan for a slower exit if you ever need one.
Living in Tetoora Road: people, income and schools
About 93 people live in Tetoora Road, and the area has been growing steadily, up about 13% over five years. The median age is 49, skewed a little older, and 88% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
Households here earn a median of about $55,000 a year, or roughly $1,060 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 17.3 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 28% over five years, which tends to underpin what local buyers can pay.
Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 93
- +13% over 5yr
- Median age
- 49 years
- Median household income
- $55,000/yr
- Households renting
- 8%
- Family households
- 85%
- Socio-economic rank
- 8/10
- ABS advantage index
- Unemployment
- 2.5%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Tetoora Road
No properties currently listed in Tetoora Road
Search Tetoora Road listings →Frequently asked questions about Tetoora Road
What should I check before investing in Tetoora Road?
Tetoora Road 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 Tetoora Road?
The median property price in Tetoora Road, VIC 3821 is $955K for houses.
What rental yield does Tetoora Road show?
The gross rental yield in Tetoora Road is 3.2% 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 Tetoora Road?
The current vacancy rate in Tetoora Road is 12.7%. 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 Tetoora Road?
Tetoora Road has a population of approximately 93 residents, with a median age of 49.
Is Tetoora Road affordable to buy in?
A median house in Tetoora Road costs about 17.3 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 Tetoora Road's population growing?
The population of Tetoora Road has grown about 13% 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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