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Nyah West
AREA REPORTS

Nyah West

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

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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.

Data report can be found below

Nyah West
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $128,500 N/A
GROWTH REPORT
Median Quarterly 3.63% N/A
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
demographics (median values)*
Total Population
663
Weekly Household Income
761
Household Size
2.20
Age
49
Monthly Loan Repayment
650
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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