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Tralee, NSW 2620
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$950,000
market range $850K-$1.1M
Median Unit
$475,000
Gross Yield (houses)
4.6%
1yr Growth
-
Investment snapshot for Tralee
Tralee has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Tralee market and investor summary
In Tralee, NSW 2620, the median house sells for around $950K, on a gross rental yield of 4.6% for houses. At 1.8% vacancy, it is a tight rental market that favours landlords.
For an investor, the rent-to-price profile sits mid-range: a gross house yield near 4.6% is neither a standout cashflow play nor a pure growth bet. Rental demand looks steady, with vacancy at 1.8% and a resident base that is not shrinking.
Living in Tralee: people, income and schools
Tralee has a resident population of roughly 0, and the area has been growing steadily, up about 8% over five years. At a median age of 32, it reads as broadly working-age.
The typical household income runs to around $47,000 a year (about $900 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 20.3 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 19% over five years, which tends to underpin what local buyers can pay.
Families have 7 schools within roughly 5km to choose from, testing close to the national school average on ICSEA.
- Population
- 0
- +8% over 5yr
- Median age
- 32 years
- Median household income
- $47,000/yr
- Households renting
- 30%
- Family households
- 0%
- Socio-economic rank
- 8/10
- ABS advantage index
- Schools within 5km
- 7
- avg ICSEA 988
- Unemployment
- 1.4%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Tralee
No properties currently listed in Tralee
Search Tralee listings →Frequently asked questions about Tralee
What should I check before investing in Tralee?
Tralee has enough public data for first-pass screening across yield, vacancy, price and supply signals. House gross rental yield of 4.6% gives a usable rent-to-price starting point. Tight rental market (1.8% 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 Tralee?
The median property price in Tralee, NSW 2620 is $950K for houses and $475K for units.
What rental yield does Tralee show?
The gross rental yield in Tralee is 4.6% for houses and 4.4% 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 Tralee?
The current vacancy rate in Tralee 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 Tralee?
Tralee has a population of approximately 0 residents, with a median age of 32.
What schools are near Tralee?
There are 7 schools within roughly 5km of Tralee. 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 Tralee affordable to buy in?
A median house in Tralee costs about 20.3 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 Tralee's population growing?
The population of Tralee has grown about 8% 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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