Teesdale (Vic.)

Teesdale lies within the top 10% of areas nationally in terms of population growth performance according to AreaSearch analysis of short and medium-term trends

The population of the suburb of Teesdale (Vic.) was estimated at around 2,543 as of Feb 2026. This figure reflects an increase of 235 people since the 2021 Census, which reported a population of 2,308 people. The change is inferred from the resident population of 2,460 estimated by AreaSearch following examination of the latest ERP data release by the ABS in June 2024 and an additional 141 validated new addresses since the Census date. This level of population equates to a density ratio of 41 persons per square kilometer. The suburb's 10.2% growth since the 2021 census exceeded the Rest of Vic.'s (8.1%) and the national average, marking it as a growth leader in the region. Population growth was primarily driven by interstate migration contributing approximately 49.0% of overall population gains during recent periods, although all drivers including natural growth and overseas migration were positive factors. AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area released in 2024 with 2022 as the base year.

For areas not covered by this data, AreaSearch utilises VIC State Government's Regional/LGA projections released in 2023 with adjustments made employing a method of weighted aggregation of population growth from LGA to SA2 levels. Growth rates by age group from these aggregations are applied across all areas for years 2032 to 2041. Considering the projected demographic shifts, exceptional growth is predicted over the period with the suburb expected to increase by 1,565 persons to 2041 based on aggregated SA2-level projections, reflecting an increase of 58.3% in total over the 17 years.

AreaSearch assessment of residential development activity positions Teesdale among the top 25% of areas assessed nationwide

AreaSearch analysis of ABS building approval numbers shows Teesdale recorded around 27 residential properties granted approval per year over the past five financial years, totalling an estimated 136 homes. As of FY-26, 12 approvals have been recorded. On average, each dwelling accommodated approximately 2.5 new residents annually between FY-21 and FY-25, indicating strong demand. The average construction cost value for new homes was $534,000, suggesting a focus on the premium market with high-end developments.

In FY-26, commercial approvals totalled $1.9 million, reflecting a predominantly residential focus in Teesdale. Compared to the Rest of Vic., Teesdale exhibited moderately higher construction activity, 23.0% above the regional average per person over the five-year period. This level was well above the national average, demonstrating strong developer confidence in the area. All development during this period comprised standalone homes, preserving Teesdale's low-density nature and attracting space-seeking buyers.

With around 86 people per dwelling approval, Teesdale exhibited characteristics of a growth area. According to AreaSearch's latest quarterly estimate, Teesdale is projected to gain 1,482 residents by 2041. Construction maintained a reasonable pace with projected population growth, although increasing competition among buyers was expected as the population expands.

Teesdale has moderate levels of nearby infrastructure activity, ranking in the top 50% nationally

No infrastructure changes identified by AreaSearch will influence the area's performance. Zero projects are expected to impact the area. Key projects include Tall Tree Wind Farm, Geelong Line Upgrade (Geelong Fast Rail), Geelong Renewable Energy Zone, and VNI West - Victorian Section.

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The labour market in Teesdale shows considerable strength compared to most other Australian regions

Teesdale has a skilled workforce with essential services sectors well represented. As of December 2025, the unemployment rate was 2.5%. AreaSearch aggregated statistical area data shows that 1,320 residents were employed while the unemployment rate was 1.2% lower than Regional Vic.'s rate of 3.7%.

Workforce participation in Teesdale was 72.0%, compared to Regional Vic.'s 61.5%. According to Census responses, 16.6% of residents worked from home, though Covid-19 lockdown impacts should be considered. Employment is concentrated in health care & social assistance, construction, and education & training. Teesdale has a particular employment specialization in construction, with an employment share 1.5 times the regional level.

Agriculture, forestry & fishing is under-represented, with only 4.1% of Teesdale's workforce compared to 7.5% in Regional Vic.. The area appears to offer limited local employment opportunities, as indicated by the count of Census working population versus resident population. AreaSearch analysis of SALM and ABS data aggregated from broader statistical areas shows that the labour force decreased by 0.8% over a 12-month period, with employment declining by 0.7%, resulting in an unemployment rate fall of 0.1 percentage points. By comparison, Regional Vic. recorded similar decreases in employment and labour force, with a corresponding fall in unemployment. Jobs and Skills Australia's national employment forecasts from May-25 suggest that national employment will expand by 6.6% over five years and 13.7% over ten years. Applying these projections to Teesdale's employment mix suggests local employment should increase by 6.4% over five years and 13.3% over ten years, though these are simple weighting extrapolations for illustrative purposes and do not account for localized population projections.

Income analysis reveals strong economic positioning, with the area outperforming 60% of locations assessed nationally by AreaSearch

The suburb of Teesdale had a median income among taxpayers of $56,183 and an average income of $70,077 in the financial year 2023, according to latest ATO data aggregated by AreaSearch. This compares to figures for Regional Vic., which were $50,954 and $62,728 respectively. Based on Wage Price Index growth of 8.25% since financial year 2023, estimated incomes as of September 2025 would be approximately $60,818 (median) and $75,858 (average). According to the 2021 Census, household income ranks at the 76th percentile ($2,171 weekly), while personal income sits at the 54th percentile. In terms of income distribution, 40.7% of Teesdale residents (1,035 people) fall within the $1,500 - 2,999 bracket, mirroring regional levels where 30.3% occupy this bracket. Housing accounts for 14.0% of income, with residents ranking in the 78th percentile for disposable income and the area's SEIFA income ranking placing it in the 6th decile.

Teesdale is characterized by a predominantly suburban housing profile, with ownership patterns similar to the broader region

In Teesdale, as per the latest Census, all dwellings were houses (100.0%) with none being semi-detached, apartments, or other types. This contrasts with Regional Vic., which had 90.1% houses and 9.9% other dwellings. Home ownership in Teesdale stood at 31.8%, with mortgaged dwellings at 62.8% and rented ones at 5.5%. The median monthly mortgage repayment was $1,950, higher than Regional Vic.'s average of $1,430. Median weekly rent in Teesdale was $400, compared to Regional Vic.'s $285. Nationally, Teesdale's mortgage repayments exceeded the Australian average of $1,863, while rents were higher than the national figure of $375.

Teesdale features high concentrations of family households, with a higher-than-average median household size

Family households account for 87.2% of all households, including 50.1% couples with children, 28.3% couples without children, and 6.8% single parent families. Non-family households constitute the remaining 12.8%, with lone person households at 11.6% and group households comprising 1.4%. The median household size is 3.1 people, larger than the Regional Vic. average of 2.4.

Teesdale performs slightly above the national average for education, showing competitive qualification levels and steady academic outcomes

The area's university qualification rate is 19.6%, significantly lower than Victoria's average of 33.4%. Bachelor degrees are the most common at 12.9%, followed by graduate diplomas (4.2%) and postgraduate qualifications (2.5%). Vocational credentials are prevalent, with 45.5% of residents aged 15+ holding them, including advanced diplomas (11.6%) and certificates (33.9%). Educational participation is high, with 31.2% currently enrolled in formal education: 12.5% in primary, 9.7% in secondary, and 3.0% in tertiary education.

Educational participation is notably high, with 31.2% of residents currently enrolled in formal education. This includes 12.5% in primary education, 9.7% in secondary education, and 3.0% pursuing tertiary education.

No public transport data available for this catchment area.

Teesdale's residents are healthier than average in comparison to broader Australia with a fairly standard level of common health conditions seen across both young and old age cohorts

Teesdale's health data shows positive outcomes, aligning with national benchmarks for mortality rates and health conditions. Common health issues are seen across all age groups, with private health cover at approximately 55% (1,386 people), compared to Regional Vic.'s 50.5%.

The most prevalent medical conditions are asthma (9.5%) and mental health issues (8.7%), while 69.3% report no medical ailments, higher than Regional Vic.'s 63.4%. Working-age residents have a higher prevalence of chronic health conditions. Teesdale has 12.1% seniors (307 people), lower than Regional Vic.'s 23.9%. Senior health outcomes rank high nationally, exceeding the general population's rankings.

The latest Census data sees Teesdale placing among the least culturally diverse areas in the country when compared across a range of language and cultural background related metrics

Teesdale's population showed low cultural diversity, with 89.5% born in Australia, 92.5% being citizens, and 97.2% speaking English only at home. Christianity was the dominant religion, comprising 41.2%. Judaism was underrepresented compared to Regional Vic., with 0.0% vs 0.1%.

The top three ancestral groups were Australian (35.3%), English (28.4%), and Scottish (9.1%). Notably, Dutch (2.5%), Hungarian (0.4%), and Maltese (1.6%) groups were overrepresented compared to regional averages of 1.7%, 0.2%, and 0.5% respectively.

Teesdale's population is slightly younger than the national pattern

The median age in Teesdale is 36 years, which is significantly below Regional Victoria's average of 43 years and somewhat younger than Australia's average of 38 years. The age group of 5-14 years has a strong representation at 16.0% compared to Regional Victoria, while the 75-84 age group is less prevalent at 2.4%. Post-2021 Census data shows that the 25 to 34 age group has grown from 10.8% to 12.3% of Teesdale's population. Conversely, the 45 to 54 age group has declined from 14.2% to 13.0%. Population forecasts for 2041 indicate substantial demographic changes in Teesdale. Leading this shift, the 25 to 34 age group is projected to grow by 96%, adding 300 people and reaching a total of 613 from the current figure of 312.