Tyabb

POSTAL CODE: VIC, 3913

HOUSE

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 $825,000.

The upward trend in home prices in TYABB, 3913 averaged 3.21% per annum over a 3-year period.

Average weekly rents on listings have reached the N/A mark, reflecting a N/A increase in returns based on the current median price in TYABB.

An average of 4 real estate transactions take place per month in TYABB which translates to 48 per annum.

48 properties were sold in TYABB in 2016, making it the 197th most active market in VIC based on total real estate transactions.

TYABB, 3913 places 245th in Australia based on median property value growth during the quarter.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$825,000	N/A
Growth Report
Median Quarterly	1.79%	N/A
Median 12 month	10.96%	N/A
Median 3 years	9.63%	N/A
Median 5 years	20%	N/A
10 years average annual	7.78%	N/A
Weekly media advert. rent	N/A	N/A
Time on Market	42 days	N/A
Gross Rental Yield Percent	0%	N/A

Demographics (Median Values)*

Total Population 3338

Weekly Household Income 1523

Household Size 2.70

Average 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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