Powered by MOMENTUM MEDIA
AREA REPORTS

Winchelsea

Winchelsea - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3241

house

Property investments in WINCHELSEA fare well against the rest of the country last year, registering a median home price increase of 13.95%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains WINCHELSEA, 3241 saw average growth in the long term.

Real estate investors could earn a rental income of $350 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 41.0 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $490,000.

WINCHELSEA ranks 192nd on the list of best yielding suburbs for rental properties in VIC, posting a 3.71% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $490,000 N/A
GROWTH REPORT
Median Quarterly 5.95% N/A
Median 12 month 13.95% N/A
Median 3 years 37.25% N/A
Median 5 years 88.46% N/A
10 years average annual 8.3% N/A
Weekly media advert. rent $350 N/A
Time on Market 41.0 days N/A
Gross Rental Yield Percent 3.71% N/A
demographics (median values)
Total Population
1918
Weekly Household Income
745.3
Household Size
2.50
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Get the latest news & updates

Join a community of over 100,000 property investors.

Check this box to receive podcast updates

Related Articles


Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.