Lake Tyers Beach

POSTAL CODE: VIC, 3909

HOUSE

Property investors enjoyed capital gains of 7.84% over the last 12 months in LAKE TYERS BEACH, translating to lower returns compared with its peers in VIC.

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

This number can mean, real estate investors could earn a rental income of N/A based on current median home prices for the suburb.

On average, rents on listings have reached the N/A mark, reflecting a N/A increase in returns based on the current median price in LAKE TYERS BEACH.

LAKE TYERS BEACH, 3909 ranks 245th in VIC in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 618th on the list of best yielding suburbs for rental properties in VIC, posting a N/A return.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$550,000	N/A
Growth Report
Median Quarterly	0%	N/A
Median 12 month	7.84%	N/A
Median 3 years	-5.5%	N/A
Median 5 years	18.92%	N/A
10 years average annual	8.87%	N/A
Weekly media advert. rent	N/A	N/A
Time on Market	125.9 days	N/A
Gross Rental Yield Percent	0%	N/A

Demographics (Median Values)*

Total Population 7901

Weekly Household Income 869

Household Size 2.20

Average Age 52

Monthly Loan Repayment 1300

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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