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Timboon, VIC 3268

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

Data updated

Strong Growth

Median House

$515,000

market range $475K-$550K

Median Unit

$670,000

market range $625K-$1.1M

Gross Yield (units)

2.3%

1yr Growth (houses)

+5.7%

market range +2.5% to +10.0%

Investment snapshot for Timboon

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

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Timboon market and investor summary

In Timboon, VIC 3268, the median house sells for around $515K. House prices have moved +5.7% over the past year and +5.5% over three years. At 2.9% vacancy, it is a broadly balanced rental market.

Houses also take time to sell, around 96 days on market, so plan for a slower exit if you ever need one.

Living in Timboon: people, income and schools

Timboon has a resident population of roughly 1,250, a number that has held fairly steady over five years. At a median age of 47, it reads as skewed a little older, and 79% 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 $64,000 a year (about $1,240 a week). On socio-economic measures it ranks around the national middle on the ABS advantage index (6 out of 10). At current prices a median house runs to about 8.0 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.

There is 1 school within about 5km, testing close to the national school average on ICSEA. It is fairly car-dependent; the suburb scores 41 for walkability out of 100. Fixed broadband is delivered over the NBN's Fixed Wireless.

Population
1,250
-1% over 5yr
Median age
47 years
Median household income
$64,000/yr
Households renting
17%
Family households
70%
Socio-economic rank
6/10
ABS advantage index
Schools within 5km
1
avg ICSEA 980
Unemployment
1.1%
Walk score
41/100

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

Properties in Timboon

No properties currently listed in Timboon

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Frequently asked questions about Timboon

What should I check before investing in Timboon?

Timboon has enough public data for first-pass screening across yield, vacancy, price and supply signals. Capital growth of +5.7% 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 Timboon?

The median property price in Timboon, VIC 3268 is $515K for houses and $670K for units.

What rental yield does Timboon show?

The gross rental yield in Timboon is 2.3% 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 Timboon?

House prices in Timboon are up 5.7% over the past year and up 5.5% 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 Timboon?

The current vacancy rate in Timboon is 2.9%. A rate under 2% generally signals a tight rental market. This suburb's rental market is balanced, favouring neither landlords nor tenants strongly.

How many people live in Timboon?

Timboon has a population of approximately 1,250 residents, with a median age of 47.

What schools are near Timboon?

There are 1 school within roughly 5km of Timboon. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Timboon affordable to buy in?

A median house in Timboon costs about 8.0 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 Timboon's population growing?

The population of Timboon 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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