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Lake Tyers Beach
AREA REPORTS

Lake Tyers Beach

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

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Property investors enjoyed capital gains of 30% 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.

The suburb posted a 70.49% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.

On average, rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in LAKE TYERS BEACH.

LAKE TYERS BEACH, 3909 ranks 96th in VIC in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 631st on the list of best yielding suburbs for rental properties in VIC, posting a 0% return.

Data report can be found below

Lake Tyers Beach
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $520,000 N/A
GROWTH REPORT
Median Quarterly 6.12% N/A
Median 12 month 30% N/A
Median 3 years 70.49% N/A
Median 5 years 86.88% N/A
10 years average annual 8.66% N/A
Weekly media advert. rent N/A N/A
Time on Market 54.2 days N/A
Gross Rental Yield Percent N/A N/A
demographics (median values)*
Total Population
7901
Weekly Household Income
869
Household Size
2.20
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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