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Tynong, VIC 3813
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$1,015,000
list-price estimate
Median Unit
$585,000
Gross Yield (houses)
2.3%
1yr Growth
-
Investment snapshot for Tynong
Tynong has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Tynong market and investor summary
In Tynong, VIC 3813, houses show a gross rental yield of 2.3%. At 2.9% vacancy, it is a broadly balanced rental market.
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.
Living in Tynong: people, income and schools
Tynong has a resident population of roughly 523, and the area has been growing steadily, up about 7% over five years. The median age is 41, skewed a little older, and 79% 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 $103,000 a year, or roughly $1,980 a week. On socio-economic measures it ranks comfortably above the national middle (7 out of 10 on the ABS advantage index). Incomes have risen about 26% over five years, which tends to underpin what local buyers can pay.
There are 4 schools within about 5km, testing close to the national school average on ICSEA. It is roughly 66 km from the CBD. It is fairly car-dependent; the suburb scores 10 for walkability and 33 for transit out of 100. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 523
- +7% over 5yr
- Median age
- 41 years
- Median household income
- $103,000/yr
- Households renting
- 14%
- Family households
- 76%
- Socio-economic rank
- 7/10
- ABS advantage index
- Schools within 5km
- 4
- avg ICSEA 1004
- Unemployment
- 3.0%
- Distance to CBD
- 66 km
- Walk score
- 10/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Tynong
No properties currently listed in Tynong
Search Tynong listings →Frequently asked questions about Tynong
What should I check before investing in Tynong?
Tynong has enough public data for first-pass screening across yield, vacancy, price and supply signals. Solid unit gross rental yield of 5.3%, giving a stronger rent-to-price starting point than many suburbs. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Tynong?
The median property price in Tynong, VIC 3813 is $585K for units.
What rental yield does Tynong show?
The gross rental yield in Tynong is 2.3% for houses and 5.3% 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 Tynong?
The current vacancy rate in Tynong is 2.9%. A rate under 2% generally signals a tight rental market. This suburb's rental market is balanced, favouring neither landlords nor tenants strongly.
How many people live in Tynong?
Tynong has a population of approximately 523 residents, with a median age of 41.
What schools are near Tynong?
There are 4 schools within roughly 5km of Tynong. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Tynong's population growing?
The population of Tynong has grown about 7% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
How far is Tynong from the CBD?
Tynong is about 66 km from the CBD.
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