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Lake Tyers Beach

Suburb Profile

Lake Tyers Beach - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3909

house

Property investors enjoyed capital gains of 25.81% 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 high, as opposed to average gains per annum over the past five years.

The suburb posted a 41.05% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $297.5 based on current median home prices for the suburb.

On average, rents on listings have reached the $297.5 mark, reflecting a 3.97% increase in returns based on the current median price in LAKE TYERS BEACH.

LAKE TYERS BEACH, 3909 ranks 20th in VIC in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 202nd on the list of best yielding suburbs for rental properties in VIC, posting a 3.97% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $390,000 N/A
GROWTH REPORT
Median Quarterly 18.18% N/A
Median 12 month 25.81% N/A
Median 3 years 41.05% N/A
Median 5 years 5.76% N/A
10 years average annual 5.92% N/A
Weekly media advert. rent $297.5 N/A
Time on Market 0.0 days N/A
Gross Rental Yield Percent 3.97% N/A
demographics (median values)
Total Population
547
Weekly Household Income
704.2
Household Size
2.40
demographics
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