Suburb Profile Report for Lake Tyers Beach VIC (3909)

Lake Tyers Beach House: Median price $297,000, Annual capital growth 2.59%, Number of sales 20, Weekly median advertised rent $320

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
  • House Report

Lake Tyers Beach, 3909 ranked 666th in VIC when comparing growth in median property values or capital gain over the last 12 months. Lake Tyers Beach is one of 2099 in our list for VIC

When looking at the potential capital gains offered to property investors over the last 3 years, Lake Tyers Beach comes in at number 698th in VIC.

Vendor discounting in Lake Tyers Beach is giving property investors an average Vendor Discount of around -4.63%. This puts suburb at number 475th in VIC when ranking the most discounted suburbs.

With the median price for a house in Lake Tyers Beach being $310000 and the advertised rent reaching $320 the gross rental yield for property investors calculates out to be 5.37%

Metrics i HOUSE UNIT
$297,000 N/A
-4.19% N/A
-22.96% N/A
2.59% N/A
$320 N/A
20 N/A
5.60% N/A
70.25 N/A

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload each month. Please note that data is routinely updated by our partners, so may change month to month.

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 868
Median household income ($/weekly) 892
Median age of persons 44
Median housing loan repayment ($/monthly) 1517
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 111 12.8
    35-44 years 123 14.2
    45-54 years 110 12.7
    55-64 years 140 16.2
    65-74 years 113 13.0
    Others 269 31.1
    Age Group
    Census Count Percent(%)
    Registered Married 340 56.7
    Not Married 198 33.0
    Defacto Relationship 62 10.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 717 88.7
    Fiji 4 0.5
    Italy 6 0.7
    New Zealand 6 0.7
    United Kingdom 52 6.4
    Others 23 2.8
    Country of Birth
    Census Count Percent(%)
    Christianity 508 65.6
    No Religion 257 33.2
    Buddhism 6 0.8
    Other Religious Groups 3 0.4
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 45 15.4
    $600-$799 45 15.4
    $800-$999 37 12.6
    $1,000-$1,249 28 9.6
    $1,500-$1,999 37 12.6
    Others 101 34.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 302 44.7
    Employed, worked full-time 181 26.8
    Employed, worked part-time 147 21.8
    Employed, away from work 30 4.4
    Unemployed, looking for work 15 2.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 44 12.2
    Professionals 68 18.9
    Technicians & trades workers 56 15.6
    Community & personal service workers 63 17.5
    Clerical & administrative workers 41 11.4
    Others 88 24.4
    Occupation
    Census Count Percent(%)
    Pre-school 13 7.3
    Infants/Primary 75 42.1
    Secondary 55 30.9
    Technical or Further Educational Institution 24 13.5
    University or other Tertiary Institutions 8 4.5
    Others 3 1.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 767 99.6
    Caravan, cabin, houseboat 3 0.4
    Semi-detached, row or terrace house, townhouse 0 0.0
    Flat, unit or apartment 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 141 44.5
    Being purchased 114 36.0
    Rented 59 18.6
    Other tenure type 3 0.9
    Tenure Type
Census 2011, ABS
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