Tyabb, 3913 ranked 324th in VIC when comparing growth in median property values or capital gain over the last 12 months. Tyabb is one of 2099 in our list for VIC
Over the longer term, Tyabb has seen property prices show investors a 33.66% return over the last 3 years. This is worse than over the last 12 months
At number 235th of VIC’s most discounted properties, Tyabb is in the bottom 40% of the state/territory when listing in order of most discounted to least.
Residents and property investors in Tyabb have been waiting around 50.5862 days to sell a property.
Property investors should expect to get $450 weekly from the median priced house in this suburb.
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Rustic suburb sustains consistent demand
Median house price: $566,000
Three-year growth: 43.3%
Rental yield: 3.8%
A suburb festooned with lush greenery and beautiful homes, Tyabb’s rustic, semi-rural charm draws a wide demographic of residents, including families and retirees.
Tyabb is part of the Western Port’s urban enclave, along with Crib Point, Hastings, Somerville and Bittern. There are several quality schools in this area, including Padua College and Flinders Christian College. Mornington-Tyabb Road leads into the suburb’s main shopping hub. Tyabb is particularly famous for its antique shops, and the Tyabb Packing House complex houses one of the largest collections of antiques in the southern hemisphere.
This location contributes to the suburb’s reasonable house prices, with a median of just over $550,000. Nonetheless, Tyabb’s distance from the capital has not affected its growth potential, as the suburb has maintained positive growth for the past five years to December 2018.