31 Craig Ave, Tyabb is a 3 bedroom, 2 bathroom House with 4 parking spaces and was built in 1981. The property has a land size of 1114m2 and floor size of 157m2. While the property is not currently for sale or for rent, it was last sold in August 2025. There are other 3 bedroom House sold in Tyabb in the last 12 months.
Brimming with warmth, charm, and exciting potential, this beautifully maintained home offers immediate liveability with the added bonus of future development opportunity (STCA). Positioned on a substantial 1,114sqm (approx.) allotment in the heart of Tyabb, it comes complete with concept drawings for up to five townhouses, perfect for families, developers, or smart investors.
Behind its character-filled faade lies a flexible layout featuring three generous bedrooms plus a versatile study, nursery, or dressing room, alongside two separate living zones, ideal for modern family living. The updated kitchen boasts premium Smeg and Belling appliances, seamlessly combining style with everyday functionality.
The main bathroom has been thoughtfully renovated for contemporary comfort, while the master bedroom includes a private ensuite and separate toilet. Year-round comfort is guaranteed with ducted heating and reverse cycle air-conditioning, and the tasteful interiors provide a warm, welcoming feel throughout.
Outdoors, a spacious covered entertaining area offers the perfect setting for gatherings in any season. A large garage, extra storage shed, and ample off-street parking add to the home's broad appeal.
Enjoy a quiet yet connected lifestyle within walking distance of shops, schools, parks, and public transport, and just a short drive to the Mornington Peninsula's famous beaches, wineries, and lifestyle attractions.
A rare chance to secure a future-forward property in a sought-after location, live in, lease out, or redevelop.
Contact Peter or Jason to arrange your inspection today.
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 2016 was 3338 people. By 2021 the population was 3449 showing a population growth of 3.3% 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 2021, 84.60% of the homes in Tyabb were owner-occupied compared with 83.40% in 2016.
Tyabb has 1,874 properties. Over the last 5 years, Houses in Tyabb have seen a 28.81% increase in median value, while Units have seen a 16.18% increase. As at 31 January 2026:
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