Question 1

Is Tyers a nice place to live?

Accepted Answer

Tyers is a small rural town in Gippsland’s Latrobe Valley, sitting in the foothills of the Great Dividing Range near the mountain country around Mount Baw Baw. Surrounded by farmland and native forest, it has a relaxed country character that attracts families, farmers and people after a lifestyle block. Housing ranges from older weatherboard cottages and timber homes in the township to larger rural-residential properties on the edges, and a compact main street supplies essential shops and community facilities while the surrounding hills give easy access to bushwalking and mountain recreation.

With a community of 893 people and overwhelmingly owner-occupied homes (95.7% owned outright or with a mortgage), Tyers is a settled, family-weighted place. Recent and planned council upgrades — a renewed preschool, changerooms at Baillie Reserve, hard-court work at the recreation reserve, a new water fountain and a skatepark on the list — mean local facilities are being refreshed. Whether Tyers suits you will depend on how much you value rural living, outdoor access and a close-knit, owner-occupied community.

Question 2

Is it expensive to live in Tyers?

Accepted Answer

Tyers' median total household income at the most recent Census was $2,051 a week. However, there haven't been enough recent sales or rentals to publish reliable house or unit prices or rents, so it's not possible to say how expensive housing in Tyers is compared with local incomes.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Tyers a good place to invest?

Accepted Answer

There haven't been enough recent sales in Tyers over the past 12 months to produce reliable figures for how house or unit values and rents have changed. Without those published movements, there isn't a clear picture of how Tyers has performed as an investment during the year.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	N/A	N/A
Sold Past 3 months	3	N/A
Median days on market Past 12 months	107	N/A
Average rent Past 12 months	N/A	N/A
Change in rent Past 12 months	N/A	N/A

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