AREA REPORTS

Ouyen

 

 

VIC/
Ouyen

Suburb Profile

Ouyen - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3490

house

A steady increase in median property prices over a five-year period in the suburb translates to a -7% capital gain.

It also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $93,000

The augmented property values in the suburb are trailing behind the territorial average of 3.57% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $180.

Home owners selling their properties and realtors in OUYEN usually have to wait an average of 92.4 days days before their assets are lifted off the market.

The VIC suburb ranks 1st on the list of best yielding suburbs for rental properties in VIC, posting a 10.06% return.

It also places places 656th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $93,000 N/A
GROWTH REPORT
Median Quarterly -27.06% N/A
Median 12 month -28.46% N/A
Median 3 years -7% N/A
Median 5 years 24% N/A
10 years average annual 1.97% N/A
Weekly media advert. rent $180 N/A
Time on Market 92.4 days N/A
Gross Rental Yield Percent 10.06% N/A
demographics (median values)
Total Population
1385
Weekly Household Income
652
Household Size
2.30
demographics
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