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Tutye, VIC 3490
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$315,000
Median Unit
$200,000
list-price estimate
Gross Yield (houses)
5.0%
1yr Growth
-
Investment snapshot for Tutye
Tutye has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Tutye market and investor summary
In Tutye, VIC 3490, the median house sells for around $315K, on a gross rental yield of 5.0% for houses. At 0.4% vacancy, it is a tight rental market that favours landlords.
For an investor, the rent-to-price maths here leans toward cashflow: a gross house yield near 5.0% does more of the early heavy lifting than capital growth usually would at this price point. Rental demand looks steady, with vacancy at 0.4% and a resident base that is not shrinking.
Living in Tutye: people, income and schools
Tutye is home to around 21 people, a number that has held fairly steady over five years. At a median age of 53, it reads as an older, established demographic, and 76% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
The typical household income runs to around $60,000 a year (about $1,150 a week). On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (3 out of 10). At current prices a median house runs to roughly 5.3 times local household income, leaving more headroom than most capital-city markets. Incomes have risen about 22% over five years, which tends to underpin what local buyers can pay.
- Population
- 21
- +1% over 5yr
- Median age
- 53 years
- Median household income
- $60,000/yr
- Households renting
- 20%
- Family households
- 62%
- Socio-economic rank
- 3/10
- ABS advantage index
- Unemployment
- 1.3%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Tutye
No properties currently listed in Tutye
Search Tutye listings →Frequently asked questions about Tutye
What should I check before investing in Tutye?
Tutye has enough public data for first-pass screening across yield, vacancy, price and supply signals. Solid house gross rental yield of 5.0%, giving a stronger rent-to-price starting point than many suburbs. Tight rental market (0.4% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Tutye?
The median property price in Tutye, VIC 3490 is $315K for houses.
What rental yield does Tutye show?
The gross rental yield in Tutye is 5.0% for houses. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
How tight is the rental market in Tutye?
The current vacancy rate in Tutye is 0.4%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in Tutye?
Tutye has a population of approximately 21 residents, with a median age of 53.
Is Tutye affordable to buy in?
A median house in Tutye costs about 5.3 times the median local household income (more affordable than most capital-city markets). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Tutye's population growing?
The population of Tutye has grown modestly, about 1% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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