Tyabb is a smaller suburb in Victoria within the Mornington Peninsula local government area (postcode 3913). With a population of 3,449, the suburb has an established demographic with a median age of 42. Households earn a median income of $97K per year, with an average household size of 2.7 people. The most common occupations are technicians & trades, professionals, managers. The top ancestries reported are English, Australian, Scottish.
The median house price in Tyabb is $366,000, having remained flat 0% over the past year. Units have a median price of $595,000 (-12.2% YoY). The median weekly rent is $383 (Census 2021). This gives a gross rental yield of approximately 5.4%. The median monthly mortgage repayment is $1,824.
Tyabb is served by 3 schools, including 2 primary, 1 combined. The average ICSEA score is 1035, which is around the national average of 1,000. Public transport access includes 1 rail station, 14 bus stops. The crime rate in the Mornington Peninsula LGA is moderate at 7,089 incidents per 100,000 population.
From an investment perspective, Tyabb offers a gross rental yield of 5.4%, rated as high yield. Property prices sit below the state median ($366K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 3.8x is considered affordable. House prices have moved +0.0% year-on-year.
Tyabb is a smaller suburb in Victoria within the Mornington Peninsula local government area (postcode 3913). With a population of 3,449, the suburb has an established demographic with a median age of 42. Households earn a median income of $97K per year, with an average household size of 2.7 people. The most common occupations are technicians & trades, professionals, managers. The top ancestries reported are English, Australian, Scottish.
The median house price in Tyabb is $366,000, having remained flat 0% over the past year. Units have a median price of $595,000 (-12.2% YoY). The median weekly rent is $383 (Census 2021). This gives a gross rental yield of approximately 5.4%. The median monthly mortgage repayment is $1,824.
Tyabb is served by 3 schools, including 2 primary, 1 combined. The average ICSEA score is 1035, which is around the national average of 1,000. Public transport access includes 1 rail station, 14 bus stops. The crime rate in the Mornington Peninsula LGA is moderate at 7,089 incidents per 100,000 population.
From an investment perspective, Tyabb offers a gross rental yield of 5.4%, rated as high yield. Property prices sit below the state median ($366K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 3.8x is considered affordable. House prices have moved +0.0% year-on-year.