Over the last year, property investments in Tyabb, 3913 have given investors a capital gain of 7.81%. This compares favourably with the 4.75% for VIC as a whole.
Taking the average capital gain, or increase in median house value, Tyabb,3913 has racked up an average of 7.81% over the period. This ranks it number 405th in the whole country for real estate investors looking at median house price increases.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Tyabb, 3913. Typically our figures indicate that -5.23% is being offered, which puts this VIC suburb at 2787th most discounted overall in Australia.
Situated 53.40km from the CBD, Tyabb is one of Mornington Peninsula (S) localities in the postcode 3913.
A suburb festooned with lush greenery and beautiful homes, Tyabb’s rustic, semi-rural charm draws a wide demographic of residents, including families and retireesFull summary
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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.Close