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Tyabb
AREA REPORTS

Tyabb

Tyabb - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3913

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Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $770,000.

The upward trend in home prices in TYABB, 3913 averaged 13.33% per annum over a 3-year period.

Average weekly rents on listings have reached the $500 mark, reflecting a 3.38% increase in returns based on the current median price in TYABB.

An average of 2.67 real estate transactions take place per month in TYABB which translates to 32 per annum.

32 properties were sold in TYABB in 2016, making it the 334th most active market in VIC based on total real estate transactions.

TYABB, 3913 places 159th in Australia based on median property value growth during the quarter.

Data report can be found below

Tyabb
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $770,000 N/A
GROWTH REPORT
Median Quarterly 6.72% N/A
Median 12 month 20.31% N/A
Median 3 years 40% N/A
Median 5 years 77.01% N/A
10 years average annual 8.24% N/A
Weekly media advert. rent $500 N/A
Time on Market 17.3 days N/A
Gross Rental Yield Percent 3.38% N/A
demographics (median values)*
Total Population
3338
Weekly Household Income
1523
Household Size
2.70
Age
41
Monthly Loan Repayment
1571
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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