VIC/
Nyah west

Suburb Profile

Nyah West - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3595

house

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 $151,000.

The upward trend in home prices in NYAH WEST, 3595 averaged 13.49% per annum over a 3-year period.

Average weekly rents on listings have reached the $230 mark, reflecting a 7.92% increase in returns based on the current median price in NYAH WEST.

An average of 0.83 real estate transactions take place per month in NYAH WEST which translates to 10 per annum.

10 properties were sold in NYAH WEST in 2016, making it the 734th most active market in VIC based on total real estate transactions.

NYAH WEST, 3595 places 17th in Australia based on median property value growth during the quarter.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $151,000 N/A
GROWTH REPORT
Median Quarterly 13.11% N/A
Median 12 month N/A N/A
Median 3 years 40.47% N/A
Median 5 years N/A N/A
10 years average annual N/A N/A
Weekly media advert. rent $230 N/A
Time on Market 0.0 days N/A
Gross Rental Yield Percent 7.92% N/A
demographics (median values)
Total Population
550
Weekly Household Income
524.8
Household Size
2.50
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Nyah West, VIC
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