1/15 Gerald St, Tyabb is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1965. The property has a land size of 86m2 and floor size of 56m2. While the property is not currently for sale or for rent, it was last sold in November 2015.
Situated in the much sought after suburb of Tyabb this unit is ideal for anyone wishing to enter the investment market or purchase their own home at an affordable price.
Currently tenanted at $220 per week with a potential rental return of 5.3% this is one not to missed. In a quiet complex and within walking distance to Tyabb shops and train station its features include an updated kitchen with Blanco appliances, floating floors, 2 bedrooms both with built in robes, combined bathroom and laundry with separate toilet and an air conditioner.
Outside is a huge paved covered area and grass courtyard. A single carport is also included.
The size of Tyabb is approximately 23.9 square kilometres. It has 11 parks covering nearly 1.8% of total area. The population of Tyabb in 2011 was 3,306 people. By 2016 the population was 3,329 showing a population growth of 0.7% in the area during that time. The predominant age group in Tyabb is 50-59 years. Households in Tyabb are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tyabb work in a trades occupation. In 2011, 82.4% of the homes in Tyabb were owner-occupied compared with 83.4% in 2016.
Tyabb has 1,869 properties. Over the last 5 years, Houses in Tyabb have seen a 16.73% increase in median value, while Units have seen a 38.51% increase. As at 31 October 2024:
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