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NYAH WEST, 3595 ranks 4th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 49.42% for property investors.
Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The suburb 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 $128,500.
Average weekly rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in NYAH WEST.
An average of 1 real estate transactions take place per month in NYAH WEST which translates to 12 per annum.
12 properties were sold in NYAH WEST in 2016, making it the 730th most active market in VIC based on total real estate transactions.
NYAH WEST, 3595 places 335th in Australia based on median property value growth during the quarter.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||49.42%||N/A|
|Median 3 years||N/A||N/A|
|Median 5 years||N/A||N/A|
|10 years average annual||20.94%||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|