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Nyah West

POSTAL CODE: VIC, 3595
HOUSE

NYAH WEST, 3595 ranks 347th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 24.48% 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 $300,000.

The upward trend in home prices in NYAH WEST, 3595 averaged 12.12% per annum over a 3-year period.

Average weekly rents on listings have reached the N/A mark, reflecting a N/A increase in returns based on the current median price in NYAH WEST.

An average of 0.92 real estate transactions take place per month in NYAH WEST which translates to 11 per annum.

11 properties were sold in NYAH WEST in 2016, making it the 711th most active market in VIC based on total real estate transactions.

NYAH WEST, 3595 places 260th in Australia based on median property value growth during the quarter.

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