Thinking about buying in Tetoora Road? Now could not be a better time, with just 45 residential dwellings it's a highly sought after location.
The average property price for this area is $938,000 with prices in this suburb ranging from $683,000 to $1,188,000.
Distance to the coast is 28 Km.
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In Tetoora Road there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Incomes in Tetoora Road are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Tetoora Road provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Tetoora Road necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Tetoora Road 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 Tetoora Road a better buying opportunity than it may have been in the past.
|2210 LARDNERS TRK, TETOORA ROAD, VIC, 3821||3||2||4||$900,000-$950,000|
|2209 LARDNERS TRK, TETOORA ROAD, VIC, 3821||3||1||2||$740,000-$770,000|
None within suburb boundary(While the above schools are located with the suburb of Tetoora Road there may also be nearby schools whose catchments cover this suburb)
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source: Australian Government Bureau of Meteorology
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