Question 1

Is Teesdale a nice place to live?

Accepted Answer

Teesdale is a small rural township west of Geelong set among rolling paddocks and pockets of native bush. The village centre has basic shops, a community hall and sporting grounds, while housing mixes older cottages, brick family homes and lifestyle blocks on larger lots. It attracts people wanting a quiet country lifestyle with straightforward road links to regional centres and the coast, and the slower pace suits families and hobby-farmers who value space and a village atmosphere.

About 2,300 people live in Teesdale and the median age is 37. The community is dominated by couple families, who make up about 91.4 percent of families, and homes are overwhelmingly owner-occupied at 94.7 percent. Local planning is guided by an adopted structure plan, the primary school has had upgrades and a capital works project referencing early learning, and current public works include a school crossing upgrade, a proposed Turtle Bend events and recreation space seeking community feedback, and a water main upgrade affecting Bannockburn-Shelford Road.

Question 2

Is it expensive to live in Teesdale?

Accepted Answer

A median house price of $1,031,250 in Teesdale equates to about 9.1 times a typical local household's annual income as recorded at the last Census. This uses the weekly median household income of $2,171, which is $112,892 a year. On these figures, buying a house sits well above what local households earned at the last Census, so the purchase side looks notably higher relative to local incomes. If you're looking to buy rather than rent, that multiple is the most relevant number.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Teesdale a good place to invest?

Accepted Answer

House values in Teesdale rose a solid 6.0% over the past 12 months. That figure represents capital growth for houses over the year, so if price appreciation is what matters to you it is the number to watch; whether that movement fits your investment goals depends on your own circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	$1.03M	N/A
Change in value Past 12 months	6.0%	N/A
Sold Past 3 months	12	N/A
Median days on market Past 12 months	53	N/A
Average rent Past 12 months	N/A	N/A
Change in rent Past 12 months	N/A	N/A

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