Tyabb

Tyabb, VIC 3913, is a small suburb with a population of 3,449 residents. The area offers a mix of age groups, with a significant proportion of individuals aged between 5 to 19 years and 45 to 64 years. Commuting primarily occurs by motor vehicle, with a notable WFH population. The suburb has a balanced mix of occupational roles, including professionals, technicians, and tradeworkers. The weekly median household income reflects a moderately affluent community. For those interested in Houses, Tyabb presents opportunities for solid rental yields, with a low vacancy rate and a moderate social housing ratio, indicating a stable market. The high market absorption rate suggests a demand for properties. The suburb shows strong growth potential, as reflected in the median growth rates. For Units, the stable vacancy rate and low stock on market rate signify a competitive market with room for growth. The apartment market offers a slightly higher rental yield than houses. Tyabb, VIC 3913, offers a family-friendly environment with good educational facilities and a diverse mix of residents. Both Houses and Units present promising investment opportunities, with potential for capital growth and rental returns due to the suburb's demand dynamics and growth trends. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022