Suburb Overview
Tyrrell is a regional centre in Victoria, Australia, with a population of approximately 16, making it a boutique locality. Located approximately 318 km from the Melbourne CBD, Tyrrell is a regional area in Victoria. The median household income is $97,500 per year.
Location
Key Indicators
Postcode
3533
Postcode for Tyrrell, from a community postcode dataset cross-checked against Australia Post. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →
Population
16
Usual resident population at the most recent census.
Median weekly rent
N/A
A current median rent has not been published for this suburb.
Median household income
$97,500
Annual median household income (before tax) across all households.
Distance to CBD
318 km
Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.
Housing
Median monthly mortgage
$650/mo
Monthly median mortgage repayment for households currently paying off a mortgage.
Home type
70% houses
Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.
Investment Insight
Tyrrell is a smaller community of 16 — about 0% of the Victoria suburb median (7,416) — so investors should factor in the narrower buyer pool and longer average time-on-market. At $97,500/year, household income in Tyrrell is within 2% of the Victoria median ($95,160), placing the suburb firmly in the state's mainstream demographic band. Tyrrell is 318 km from Melbourne, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand.
Tyrrell vs Victoria Median
How Tyrrell stacks up against the median of all Victoria suburbs in our dataset. Positive values mean Tyrrell sits above the state median; negative means below.
| Metric | Tyrrell | VIC median | Δ vs state |
|---|---|---|---|
| Population | 16 | 7,416 | -100% |
| Median household income | $97,500/yr | $95,160/yr | +2% |
| Median mortgage (monthly, 2021 Census) | $650 | $1,950 | -67% |
| Distance to CBD | 318 km | 32 km | +894% |
| Separate houses | 70% | 78% | -8pp |
Investor Checklist
Pre-inspection briefing for Tyrrell — every item is derived from public datasets, with full citations in our data sources page.
- Market depth: 16 residents — 0% of the VIC suburb median (7,416).
- Purchasing power: median household income $97,500/year (+2% vs Victoria suburb median of $95,160).
- Gross rental income: verify via realestate.com.au — median rent data was not captured for this suburb.
- CBD access: 318 km straight-line from Melbourne (state suburb median 32 km).
- Dwelling mix: 70% separate houses — house-dominant market (vs 78% state median).
- Rate stress-test: budget ~$65/month extra for a 1-percentage-point RBA rate rise on top of the $650/month median repayment.
- Tenant rent burden: rent-to-income data not available — verify against state rental tribunal dashboards.
Investment Strategy
Limited buy-and-hold upside: a small population of 16 means liquidity is thin and capital growth tends to lag the wider Victoria market over full cycles.
Median rental data was not captured for Tyrrell. Use current realestate.com.au and Domain listings to triangulate a realistic weekly rent before committing, then feed that number into our rental yield calculator.
With 70% houses in a 16-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.
Risk Factors
- Interest-rate sensitivity: the $650/month median mortgage in Tyrrell means a 1-percentage-point RBA rate rise could add roughly $65/month to repayments, reducing buyer borrowing capacity and cooling prices.
- Liquidity risk: with 16 residents, Tyrrell has a thinner pool of buyers and tenants than larger suburbs. Expect longer days-on-market on resale and budget for potential vacancy gaps between tenancies.
- Commute distance: at 318 km from the nearest CBD, Tyrrell depends on local employment rather than city-driven commuter demand, which amplifies the market's sensitivity to regional industry slowdowns.
- Regulatory risk: changes to Australian tax settings (negative gearing, CGT discount, foreign-buyer surcharges, land-tax thresholds) could reshape after-tax returns in Tyrrell regardless of local market conditions.
- Market cycle risk: property markets are cyclical, so stress-test your projections in Tyrrell with a 10–15% price pullback scenario before committing capital — returns to date are not a guarantee of future performance.
Run the numbers on a Tyrrell property
Walk the journey to a place like Tyrrell
Seven guided stops — government schemes compared for your exact numbers, a real budget, suburb shortlisting and every contract deadline tracked. Free, no signup to start.
Start your first-home journey →2026 Outlook
Capital-growth expectations for Tyrrell are modest for 2026 — incomes close to the VIC median of $95,160 and a population of 16 suggest gains will lag headline metro markets. Rental fundamentals will need to be verified against live listings, as a clean median rent was not recorded for Tyrrell. Overall investor sentiment for Tyrrell is cautious heading into the second half of 2026, based on its income, rent and mortgage profile relative to the Victoria median.
Share your experience of Tyrrell
Lived in Tyrrell? Help other investors with an honest 100-word review. Sign-in required; all reviews are manually moderated before they appear.
Frequently Asked Questions
Is Tyrrell a good suburb for investment?
Whether Tyrrell suits you depends on your strategy, but the fundamentals are concrete: a population of 16, a median household income of $97,500/year. Weigh those against your goal — cash flow, capital growth, or a value-add renovation — each of which we break down with suburb-specific ABS numbers elsewhere on this page.
What drives property demand in Tyrrell?
The main demand drivers in Tyrrell are an above-state-median household income of $97,500/year, a dwelling mix that is 70% separate houses. Together these shape both owner-occupier and tenant demand.
What is the population of Tyrrell?
Tyrrell has a usual resident population of approximately 16, compared with a Victoria suburb median of 7,416 — placing it in the lower half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.
How far is Tyrrell from the Melbourne CBD?
Tyrrell sits 318 km straight-line from the Melbourne CBD. This is a regional market where CBD distance is only indicative — local industry diversity and commute alternatives matter more.
What is the median rent in Tyrrell?
A reliable median rent was not captured for Tyrrell. Benchmark expected weekly rent on realestate.com.au and Domain, or the state rental tribunal's rent dashboard. Most Australian investors target a 4–5% gross yield as a baseline.
What is the typical mortgage repayment in Tyrrell?
The median monthly mortgage repayment in Tyrrell is $650, or approximately $7,800/year (vs $1,950/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.
Is Tyrrell cash-flow positive for investors?
Census data was not complete enough in Tyrrell to compute a clean rent-to-mortgage coverage. Use current listings to benchmark weekly rent, then plug your expected purchase price into our rental yield calculator to see whether the investment runs cash-flow positive or negative.
What are the main risks of investing in Tyrrell?
The main risks are a thin buyer pool (16 residents), interest-rate sensitivity on the $650 median mortgage, the broader Victoria market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.
How we built this Tyrrell profile
The population, postcode, median household income, and dwelling mix on this page are real figures from the ABS 2021 Census (income is the ABS median weekly household income annualised) and Australia Post. Distance to the CBD is calculated from the suburb's ABS centroid. The Census median rent and mortgage repayment are 2021 figures and are clearly labelled as such wherever they appear — they are five years old and have moved substantially since. We do not publish an investment score or school/park counts for this suburb. See our methodology and data sources for exactly what's measured and what's estimated.