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Tresco, VIC 3583
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$420,000
Median Unit
$180,000
list-price estimate
Gross Yield (houses)
3.4%
1yr Growth
-
Investment snapshot for Tresco
Tresco has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Tresco market and investor summary
In Tresco, VIC 3583, the median house sells for around $420K, on a gross rental yield of 3.4% for houses. At 25.0% 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 3.4% will not cover holding costs in the early years, so the case leans on price appreciation. Demand is softer at 25.0% vacancy, so longer gaps between tenants are more likely and worth building into the numbers.
Living in Tresco: people, income and schools
Tresco is home to around 162 people. At a median age of 46, it reads as skewed a little older, and 78% 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 $73,000 a year (about $1,400 a week). On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). At current prices a median house runs to roughly 5.8 times local household income, leaving more headroom than most capital-city markets. Incomes have risen about 29% over five years, which tends to underpin what local buyers can pay.
Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 162
- Median age
- 46 years
- Median household income
- $73,000/yr
- Households renting
- 5%
- Family households
- 75%
- Socio-economic rank
- 4/10
- ABS advantage index
- Unemployment
- 7.8%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Tresco
No properties currently listed in Tresco
Search Tresco listings →Frequently asked questions about Tresco
What should I check before investing in Tresco?
Tresco 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 Tresco?
The median property price in Tresco, VIC 3583 is $420K for houses.
What rental yield does Tresco show?
The gross rental yield in Tresco is 3.4% 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 Tresco?
The current vacancy rate in Tresco is 25.0%. 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 Tresco?
Tresco has a population of approximately 162 residents, with a median age of 46.
Is Tresco affordable to buy in?
A median house in Tresco costs about 5.8 times the median local household income (more affordable than most capital-city markets). 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.
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