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

As of Feb 2026, the estimated population of the suburb of Teesdale (Vic.) is around 2,543. This reflects a growth of 235 people since the 2021 Census, which reported a population of 2,308. The increase is inferred from AreaSearch's estimate of 2,460 residents following examination of ABS's ERP data release in June 2024 and an additional 141 validated new addresses since the Census date. This results in a density ratio of 41 persons per square kilometer. Teesdale's population growth of 10.2% since the 2021 census exceeded both the Rest of Vic.'s (8.1%) and national averages, positioning it as a growth leader in the region. Interstate migration contributed approximately 49.0% of overall population gains during recent periods, with natural growth and overseas migration also being positive factors. AreaSearch's projections for Teesdale are based on ABS/Geoscience Australia data released in 2024, using 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 are applied across all areas for years 2032 to 2041. Considering these projections, exceptional growth is predicted over the period, with the suburb expected to increase by 1,623 persons to 2041, reflecting an overall increase of 61.9% over the 17 years.

AreaSearch assessment of residential approval activity sees Teesdale among the top 30% of areas assessed nationwide

AreaSearch analysis of ABS building approval numbers in Teesdale shows around 27 residential properties granted approval per year over the past five financial years. This totals an estimated 137 homes from FY-21 to FY-25. In FY-26 so far, 10 approvals have been recorded. Each dwelling has accommodated an average of 2.5 new residents annually during this period, indicating healthy demand for property values.

The average construction cost value of new homes is $534,000, suggesting developers focus on the premium market with high-end developments. This year, $1.9 million in commercial approvals have been registered, reflecting a predominantly residential focus. Compared to Rest of Vic., Teesdale has shown moderately higher construction activity, approximately 22.0% above the regional average per person over the past five years. This level is well above national averages, demonstrating strong developer confidence in the area.

Recent development has comprised entirely standalone homes, preserving Teesdale's low-density nature and attracting space-seeking buyers with an average of around 84 people per dwelling approval. AreaSearch quarterly estimates indicate Teesdale will gain approximately 1,573 residents by 2041. Construction is maintaining a reasonable pace with projected growth, although increasing competition among buyers can be expected as the population grows.

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

No changes can significantly impact a region's performance like alterations to local infrastructure, major projects, and planning initiatives. AreaSearch has identified zero projects expected to influence this area. Notable projects include Tall Tree Wind Farm, Geelong Line Upgrade (Geelong Fast Rail), Geelong Renewable Energy Zone, and VNI West - Victorian Section, with the following list outlining those most relevant.

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

Teesdale has a skilled workforce with well-represented essential services sectors. Its unemployment rate is 2.4%. Over the past year, it has shown relative employment stability.

As of September 2025, 1,323 residents are employed, with an unemployment rate of 1.3% lower than Rest of Vic.'s 3.8%. Workforce participation in Teesdale is 72.6%, compared to Rest of Vic.'s 61.4%. According to Census responses, 16.6% of residents work from home. Employment is concentrated in health care & social assistance, construction, and education & training.

Construction employment is particularly high at 1.5 times the regional level, while agriculture, forestry & fishing is under-represented at 4.1%. Local employment opportunities appear limited based on Census data. Over a 12-month period ending in September 2025, employment increased by 0.1% and labour force by 0.1%, with unemployment remaining largely unchanged. This contrasts with Rest of Vic., where employment fell by 0.7%, labour force contracted by 0.6%, and unemployment rose marginally. Jobs and Skills Australia's national employment forecasts from May-25 project a 6.6% increase 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 weighted extrapolations for illustrative purposes only.

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

The suburb of Teesdale's median income among taxpayers was $56,183 and average income stood at $70,077 in the financial year 2023. These figures were aggregated by AreaSearch using ATO data. Comparing these to Rest of Vic.'s median income of $50,954 and average income of $62,728 shows Teesdale's incomes are slightly above average nationally. Based on Wage Price Index growth of 8.25% since financial year 2023, current estimates for Teesdale would be approximately $60,818 (median) and $75,858 (average) as of September 2025. 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. Residents' strong earnings place them within the 78th percentile for disposable income, and the area's SEIFA income ranking places 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 evaluation, all dwellings were houses with none classified as semi-detached, apartments, or other. This contrasts with Non-Metro Vic., which had 90.1% houses and 9.9% other dwellings. Home ownership in Teesdale stood at 31.8%, with the rest being mortgaged (62.8%) or rented (5.5%). The median monthly mortgage repayment was $1,950, higher than Non-Metro Vic.'s average of $1,430 and the national average of $1,863. The median weekly rent figure in Teesdale was $400, exceeding both Non-Metro Vic.'s $285 and the national figure of $375.

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

Family households constitute 87.2% of all households, consisting of couples with children (50.1%), couples without children (28.3%), and single parent families (6.8%). Non-family households comprise the remaining 12.8%, with lone person households at 11.6% and group households at 1.4%. The median household size is 3.1 people, which is larger than the Rest of 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% of residents currently enrolled in formal education.

This includes 12.5% in primary, 9.7% in secondary, and 3.0% in 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

Health data shows Teesdale residents have relatively positive health outcomes. AreaSearch's analysis found mortality rates and health conditions align broadly with national benchmarks.

Common health conditions are seen across both young and old age cohorts at a standard level. Private health cover is high, with approximately 55% of the total population (~1,386 people), compared to 50.5% in Rest of Vic. The most common medical conditions are asthma (9.5%) and mental health issues (8.7%), while 69.3% of residents report no medical ailments, compared to 63.4% in Rest of Vic. Working-age residents have an above-average prevalence of chronic health conditions. As of June 20XX, 11.7% of residents are aged 65 and over (297 people), lower than the 23.9% in Rest of Vic. Health outcomes among seniors rank higher than the general population nationally.

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 was found to be less culturally diverse, with 89.5% born in Australia, 92.5% being citizens, and 97.2% speaking English only at home as of the latest available data. Christianity was the predominant religion, comprising 41.2% of Teesdale's population. Notably, Judaism was not present (0.0%) compared to the regional average of 0.1%.

In terms of ancestry, Australian heritage led with 35.3%, higher than the regional average of 29.6%, followed by English at 28.4% and Scottish at 9.1%. Divergences included overrepresentation of Dutch (2.5% vs regional 1.7%), Hungarian (0.4% vs regional 0.2%) and Maltese (1.6% vs regional 0.5%).

Teesdale's population is slightly younger than the national pattern

The median age in Teesdale is 36 years, which is significantly lower than Rest of Vic.'s average of 43 and somewhat younger than Australia's 38 years. The 5-14 age group constitutes 16.0% of the population, higher than Rest of Vic., while the 75-84 cohort makes up 2.2%. According to post-2021 Census data, the 25 to 34 age group has increased from 10.8% to 12.2%, and the 45 to 54 cohort has decreased from 14.2% to 13.0%. Population forecasts for 2041 suggest significant demographic changes in Teesdale, with the 25 to 34 age group projected to grow by 100% (308 people), reaching 619 from a base of 310.