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Echuca
AREA REPORTS

Echuca

Echuca - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3564

house
unit

A steady increase in median property prices over a five-year period in the suburb translates to a 29.75% 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 $467,750

The augmented property values in the suburb are trailing behind the territorial average of 18.09% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $402.5.

Home owners selling their properties and realtors in ECHUCA usually have to wait an average of 39.0 days days before their assets are lifted off the market.

The VIC suburb ranks 59th on the list of best yielding suburbs for rental properties in VIC, posting a 4.47% return.

It also places places 188th in Australia based on median property value growth during the quarter.

Data report can be found below

Echuca
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $467,750 $349,000
GROWTH REPORT
Median Quarterly 6.31% 5.76%
Median 12 month 13.53% 18.2%
Median 3 years 29.75% 29.26%
Median 5 years 50.89% 17.91%
10 years average annual 5.75% 4.73%
Weekly media advert. rent $402.5 $422.5
Time on Market 39.0 days 59.1 days
Gross Rental Yield Percent 4.47% 6.3%
demographics (median values)*
Total Population
15944
Weekly Household Income
1168
Household Size
2.40
Age
44
Monthly Loan Repayment
1400
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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