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Lake Boga
AREA REPORTS

Lake Boga

Lake Boga - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3584

house

Property investments in LAKE BOGA fare well against the rest of the country last year, registering a median home price increase of 28.05%.

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

Based on its average 5-year and quarterly capital gains LAKE BOGA, 3584 saw average growth in the long term.

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 0.0 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 $315,000.

LAKE BOGA ranks 719th on the list of best yielding suburbs for rental properties in VIC, posting a 0% return.

Data report can be found below

Lake Boga
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $315,000 N/A
GROWTH REPORT
Median Quarterly 12.5% N/A
Median 12 month 28.05% N/A
Median 3 years 32.63% N/A
Median 5 years 43.18% N/A
10 years average annual 11.04% N/A
Weekly media advert. rent N/A N/A
Time on Market 0.0 days N/A
Gross Rental Yield Percent N/A N/A
demographics (median values)*
Total Population
1138
Weekly Household Income
1103
Household Size
2.50
Age
43
Monthly Loan Repayment
1000
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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