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Teesdale, VIC 3328

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Teesdale, VIC 3328 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Teesdale, VIC 3328”

  1. The total adult population (15 years or older) of Teesdale 3328 VIC is 1,755, with a median age of 37. Of those, 54.47% are married, 9.12% are divorced or separated, 33.85% are single and 3.02% are widowed.

    The average household size is 3.1 people per dwelling, and the median household monthly income is estimated to be $9,176. The median monthly mortgage repayment for households in this suburb is $1,950 which is 21.25% of their earnings.

    Source: ABS Census Data (2021)

  2. The peaceful suburb of Teesdale, 3328 in the state of Victoria is home to approximately 981 households. As we move through Q3 in 2023, the property market scenario in Teesdale poses an interesting picture.

    The typical price for houses in Teesdale stands at a respectable $924,369. Combine this with the median weekly rent of $600 and the picture produced is an indicative yield of 3.37%. This yield falls within the preferred range for cashflow-focused property investors, setting Teesdale as a viable option.

    Teesdale also scores well in terms of socio-economic factors, boasting an IRSAD score of 1013 out of a possible 1217. This indicates a relatively high socio-economic status of the population in the area, theoretically signifying more stable tenants and potentially lower vacancy.

    This sentiment is further reinforced by the renter to owner ratio, a meagre 5%. This implies a relatively low supply of rental properties, which should decrease competition for landlords, potentially stabilising rental income. This coupled with a units to houses ratio of 0%, indicating a property market dominated by owned houses, gives Teesdale a desirable edge.

    Despite the allure, one should not overlook the affordability index for houses in Teesdale. At 39 years, it’s high and may hamper the potential demand in the long run.

    As for supply metrics, Teesdale maintains a low profile with just 0.1% of properties on the market and an equally low inventory level of 0.35 months. This denotes a favourable market with low supply.

    Furthermore, the building approvals ratio for houses is at 0.0% – no new stock entering the market currently, potentially benefiting existing property owners.

    However, properties in Teesdale are typically staying on the market for 95 days, indicating a lower demand. Coupled with a moderate vacancy rate of 1.92%, the suburbs demand side shows a mixed bag.

    And with a buy search index at the lower end of the spectrum at 3, this suggests a limited demand for property in the region.

    In conclusion, Teesdale presents several favourable metrics for property investors, albeit with some indicators that should be kept under surveillance. An investor should monitor market trends and analyse additional metrics to make informed decisions. Referring to a tool like RCS from HtAG Analytics, it simplifies this process by automating research over 80 metrics.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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