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Tecoma
VIC, 3160 - Yarra Ranges

Thinking about buying in Tecoma? Now could not be a better time, with 1060 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,017,000 with prices in this suburb ranging from $411,000 to $2,444,000. The aproximate distance to the coast is 23 Km.

Household Makeup

Median Weekly Rent $398.47
Median Monthly Mortgage $1841.24
Median Persons Per Bedroom 0.81
Average Household Size 2.94
Average Age 41.18
Average Income $893.24
Average Cars Per Dwelling 2.04
Average Properties Within 50M 9

Housing Stock

Average Property Prices

1 Bed  $827,000
2 Bed  $727,000
3 Bed  $1,063,000
4 Bed  $1,271,000
5 Bed  $1,406,000
6 Bed+$1,065,000

Tecoma Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Tecoma driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Tecoma ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Tecoma provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Tecoma requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Tecoma we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Tecoma a better buying opportunity than it may have been in the past.

Houses for sale Tecoma

Fletchers 1537-1539 BURWOOD HWY, TECOMA, VIC, 3160 Beds Bathrooms For Sale $2,100,000 - $2,200,000
Fletchers 1525 BURWOOD HWY, TECOMA, VIC, 3160 Beds Bathrooms For Sale $750,000 - $825,000
Fletchers SHOP 3, 1569 BURWOOD HWY, TECOMA, VIC, 3160 Beds Bathrooms For Sale $285,000 + GST

Local Schools

Tecoma Primary School

St Thomas More's School

Belgrave Heights Christian School

Upwey High School

Upwey Primary School

Mater Christi College

Ferny Creek Primary School

Upwey South Primary School

Selby Primary School

(While the above schools are located with the suburb of Tecoma there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Tecoma weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan2.113.124.643.590.71.823.4
Feb2.413.124.144.790.31.719.7
Mar2.712.121.250.590.71.614.6
Apr4.09.816.759.891.81.410.9
May4.37.712.867.192.31.57.1
Jun3.65.810.472.494.31.56.5
Jul3.75.29.771.594.21.96.7
Aug4.15.010.664.993.71.89.0
Sept3.36.813.957.292.51.713.4
Oct3.38.617.651.991.91.717.7
Nov4.19.719.548.794.01.621.0
Dec2.111.622.646.491.41.624.5

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

UpweyBelgraveSherbrookeBelgrave HeightsUpper Ferntree GullyFerny CreekSelbyTremontBelgrave SouthSassafras

Public Transport


General Points of Interest

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