Powered by MOMENTUM MEDIA
Ouyen
AREA REPORTS

Ouyen

Ouyen - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3490

house

A 45.95% increase in median property prices in OUYEN, 3490 has allowed this suburb to join the ranks of best performing suburbs in VIC, settling at number 17th.

A steady increase in median property prices over a five-year period in the suburb translates to a 8% 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 $135,000

The augmented property values in the suburb are trailing above the territorial average of 14.18% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $290.

Home owners selling their properties and realtors in OUYEN usually have to wait an average of 33.4 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 11.17% return.

It also places places 91st in Australia based on median property value growth during the quarter.

Data report can be found below

Ouyen
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $135,000 N/A
GROWTH REPORT
Median Quarterly 10.2% N/A
Median 12 month 45.95% N/A
Median 3 years 8% N/A
Median 5 years 17.39% N/A
10 years average annual 4.52% N/A
Weekly media advert. rent $290 N/A
Time on Market 33.4 days N/A
Gross Rental Yield Percent 11.17% N/A
demographics (median values)*
Total Population
1293
Weekly Household Income
874
Household Size
2.10
Age
53
Monthly Loan Repayment
800
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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.