AREA REPORTS

Nhill

VIC/
Nhill

Suburb Profile

Nhill - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3418

house

Property investors enjoyed capital gains of 15.49% over the last 12 months in NHILL, translating to lower returns compared with its peers in VIC.

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

The suburb posted a 17.97% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $195 based on current median home prices for the suburb.

On average, rents on listings have reached the $195 mark, reflecting a 6.72% increase in returns based on the current median price in NHILL.

NHILL, 3418 ranks 103rd in VIC in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 23rd on the list of best yielding suburbs for rental properties in VIC, posting a 6.72% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $151,000 N/A
GROWTH REPORT
Median Quarterly 7.86% N/A
Median 12 month 15.49% N/A
Median 3 years 17.97% N/A
Median 5 years 37.27% N/A
10 years average annual 5.25% N/A
Weekly media advert. rent $195 N/A
Time on Market 100.2 days N/A
Gross Rental Yield Percent 6.72% N/A
demographics (median values)
Total Population
2552
Weekly Household Income
713.9
Household Size
2.30
demographics
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