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Tyers, VIC 3844
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$775,000
list-price estimate
Median Unit
$605,000
Gross Yield (houses)
2.3%
1yr Growth
-
Investment snapshot for Tyers
Tyers has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Tyers market and investor summary
In Tyers, VIC 3844, houses show a gross rental yield of 2.3%. At 5.6% vacancy, it is a softer rental market with more choice for tenants.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 2.3% will not cover holding costs in the early years, so the case leans on price appreciation. Demand is softer at 5.6% vacancy, so longer gaps between tenants are more likely and worth building into the numbers. Houses also take time to sell, around 78 days on market, so plan for a slower exit if you ever need one.
Living in Tyers: people, income and schools
Tyers is home to around 893 people, a number that has held fairly steady over five years. The median age is 41, skewed a little older, and 93% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
Households here earn a median of about $107,000 a year, or roughly $2,050 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). Incomes have risen about 12% over five years, which tends to underpin what local buyers can pay.
There is 1 school within about 5km, testing a little above the national school average on ICSEA. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 893
- +3% over 5yr
- Median age
- 41 years
- Median household income
- $107,000/yr
- Households renting
- 4%
- Family households
- 82%
- Socio-economic rank
- 4/10
- ABS advantage index
- Schools within 5km
- 1
- avg ICSEA 1029
- Unemployment
- 3.7%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Tyers
No properties currently listed in Tyers
Search Tyers listings →Frequently asked questions about Tyers
What should I check before investing in Tyers?
Tyers has enough public data for first-pass screening across yield, vacancy, price and supply signals. Use the available metrics below to compare it with nearby suburbs before relying on the suburb-level view.
What are typical property prices in Tyers?
The median property price in Tyers, VIC 3844 is $605K for units.
What rental yield does Tyers show?
The gross rental yield in Tyers is 2.3% for houses and 3.4% for units. 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 Tyers?
The current vacancy rate in Tyers is 5.6%. A rate under 2% generally signals a tight rental market. This suburb's rental market is softer, with tenants having more choice and rents possibly under pressure.
How many people live in Tyers?
Tyers has a population of approximately 893 residents, with a median age of 41.
What schools are near Tyers?
There are 1 school within roughly 5km of Tyers. Their average ICSEA is a little above the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Tyers's population growing?
The population of Tyers has grown modestly, about 3% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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