Tecoma Suburb Profile

Victoria 3160

Tecoma has 1,001 properties. Over the last 5 years, Houses in Tecoma have seen a 34.13% increase in median value, while Units have seen a 53.71% increase. As at 31 May 2024:

• The median value for Houses in Tecoma is $860,038 while the median value for Units is $667,992.
• Houses have a median rent of $425 while Units have a median rent of $350.

The size of Tecoma is approximately 1.8 square kilometres. It has 6 parks covering nearly 12.4% of total area. The population of Tecoma in 2011 was 2,087 people. By 2016 the population was 2,068 showing a population decline of 0.9% in the area during that time. The predominant age group in Tecoma is 40-49 years. Households in Tecoma are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tecoma work in a professional occupation. In 2011, 81.1% of the homes in Tecoma were owner-occupied compared with 79.6% in 2016.