Lake Tyers Beach, located in East Gippsland, VIC, offers a captivating blend of natural beauty and a relaxed coastal lifestyle, which has a significant impact on its housing market. The area is known for its picturesque landscapes, with pristine beaches and the tranquil Lake Tyers providing an appealing backdrop for homebuyers and investors alike. The housing market here primarily features a mix of holiday homes, beachside cottages, and larger family residences, catering to both permanent residents and those seeking a serene getaway. Over recent years, there has been a burgeoning interest in this market, driven by people looking to escape the hustle and bustle of city life, which has led to moderate increases in property prices. Despite this growth, Lake Tyers Beach remains relatively affordable compared to larger urban centers, making it an attractive option for buyers seeking value for money in a stunning setting.
Living in Lake Tyers Beach offers a unique, laid-back lifestyle deeply connected to nature. The community is tight-knit and welcoming, with a population that values the area's tranquility and natural surroundings. Residents enjoy a wealth of outdoor activities, from boating and fishing on the lake to exploring the nearby national parks and walking trails. The temperate climate and stunning scenery make it an ideal spot for those who appreciate outdoor living and environmental beauty. While the area offers a peaceful retreat, it is not isolated from amenities; essential services and shops are within reasonable reach, and the towns of Lakes Entrance and Bairnsdale provide further conveniences. Overall, Lake Tyers Beach is a perfect location for those looking to balance a relaxed lifestyle with the natural wonders of coastal Victoria.
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Thinking about buying in Lake Tyers Beach? Now could not be a better time, with 695 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $616,000 with prices in this suburb ranging from $130,000 to $1,781,000. Lake Tyers Beach is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices
Consistent high demand relative to supply is a key feature in Lake Tyers Beach driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Lake Tyers Beach due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Lake Tyers Beach changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Lake Tyers Beach to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Lake Tyers Beach the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Instant Property Valuation463 Lake Tyers Beach Road, Lake Tyers Beach, VIC, 3909 | 2 | 1 | 4 |
Toorloo Arm Primary School
(While the above schools are located with the suburb of Lake Tyers Beach there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
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Jan | 1.9 | 14.5 | 25.1 | 48.8 | 89.0 | 2.5 | 22.0 |
Feb | 2.2 | 14.5 | 24.7 | 51.2 | 91.2 | 2.4 | 19.2 |
Mar | 2.5 | 13.3 | 22.7 | 53.0 | 90.8 | 2.5 | 15.1 |
Apr | 2.3 | 11.0 | 19.5 | 53.9 | 89.8 | 2.8 | 12.4 |
May | 2.0 | 8.6 | 15.8 | 56.2 | 87.3 | 3.1 | 9.3 |
Jun | 2.8 | 6.5 | 13.1 | 61.5 | 89.2 | 3.0 | 7.7 |
Jul | 2.2 | 6.3 | 13.2 | 57.7 | 86.9 | 3.4 | 8.0 |
Aug | 1.8 | 6.1 | 13.9 | 50.6 | 86.3 | 3.5 | 10.4 |
Sept | 2.4 | 7.9 | 17.2 | 47.9 | 88.4 | 3.2 | 14.5 |
Oct | 2.7 | 9.2 | 19.3 | 48.8 | 89.9 | 2.9 | 18.3 |
Nov | 2.7 | 11.1 | 21.3 | 49.5 | 90.9 | 2.7 | 21.4 |
Dec | 2.3 | 13.1 | 23.9 | 46.8 | 89.6 | 2.5 | 23.8 |
source: Australian Government Bureau of Meteorology
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