Tecoma

POSTAL CODE: VIC, 3160
HOUSE

TECOMA, 3160 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in VIC have risen as a whole, pulling TECOMA, 3160 values up and netting property investors a capital gain of 4.05% for the past year.

Investors saw the median home price rise to $900,000.

Profits due to an upward trend in home prices in the suburb averaged 2.49% per annum over a 3-year period.

TECOMA now ranks at the 102nd place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in TECOMA are high, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of N/A based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In TECOMA, homes and units usually stay on listing for an average of 45 days.

In 2016, 36 properties were sold in TECOMA during the past year, making it the 280th most active market in VIC based on total real estate transactions.

Surburb overview

Tecoma is a small outer-eastern suburb of Melbourne located within the Shire of Yarra Ranges on the western slopes of the Dandenong Ranges. The suburb is situated approximately 36 kilometres east of the Melbourne central business district and lies between Upwey, Belgrave Heights and forested national parkland.

Tecoma recorded a population of just under 2,300 residents at the 2021 census, reflecting its compact size and village-style residential character. The demographic profile includes a mix of families, professionals and long-term residents, with a median age slightly above the metropolitan average.

Home ownership rates are relatively high, although rental households also account for a noticeable share of the local population, compared with some nearby hillside suburbs. Housing in Tecoma is predominantly detached dwellings, many of which are located on sloping blocks surrounded by mature trees and bushland. Residential density is low, with limited townhouse and apartment development and strong planning controls that address environmental and bushfire considerations.

Public transport access is a key feature for a hillside suburb, with Tecoma railway station located on the Belgrave line. The station provides direct train services to the Melbourne CBD and the eastern suburbs, supporting commuting for residents of the surrounding Dandenong Ranges communities. Bus services operate through the suburb, connecting residential areas with nearby townships and local facilities. Road access is primarily via Burwood Highway, which provides east–west connectivity and links to arterial road networks across Melbourne’s east.

Local retail and service amenities are modest in scale and centred on a small village strip near the railway station, including cafés, takeaway outlets, and specialty shops. Residents rely on nearby centres such as Belgrave and Upwey for major supermarkets, medical centres and broader retail services. Educational facilities include local primary schools in nearby suburbs, with secondary schools accessed in surrounding areas by train, bus or car.

Recreational amenities are closely tied to the natural environment, with immediate access to the Dandenong Ranges National Park. Bushwalking tracks, picnic areas and forest reserves provide extensive opportunities for outdoor recreation.

Local parks, reserves and quiet streets support informal recreation and community use rather than organised sport. Tree canopy coverage, bushland views, and proximity to national parkland contribute to a semi-rural atmosphere despite the metropolitan setting.

Employment among residents spans education, health care, trades, retail and professional services, with many commuting to employment hubs across Melbourne. Tecoma’s identity is shaped by its rail access, low-density housing and strong connection to the forested landscapes of the Dandenong Ranges.

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