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Numurkah
AREA REPORTS

Numurkah

Numurkah - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3636

house
unit

Property investors enjoyed capital gains of 19.23% over the last 12 months in NUMURKAH, translating to lower returns compared with its peers in VIC.

A survey of average capital gains or median home price increase in suburbs across the country shows that the VIC suburb obtained a 5.01% growth over a ten-year period. It ranks 2324th on our list of suburbs that property investors should look into.

NUMURKAH, 3636 has a capital gain of 19.23% for the past year, which is higher than average compared to its 55.97% growth within a five-year period.

With the median home price in NUMURKAH sitting at $310,000, and the average rent at $265, property owners could potentially earn a 4.45% increase in gross rental yield.

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

NUMURKAH, 3636 in VIC belongs to the local government area of Moira (S).

Data report can be found below

Numurkah
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $310,000 $225,000
GROWTH REPORT
Median Quarterly 1.64% 12.64%
Median 12 month 19.23% 36.36%
Median 3 years 37.78% 40.63%
Median 5 years 55.97% 41.51%
10 years average annual 5.01% 5.37%
Weekly media advert. rent $265 $200
Time on Market 62.5 days 80.0 days
Gross Rental Yield Percent 4.45% 4.62%
demographics (median values)*
Total Population
5241
Weekly Household Income
987
Household Size
2.30
Age
46
Monthly Loan Repayment
1100
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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