Numurkah

POSTAL CODE: VIC, 3636

HOUSE

UNIT

Property investors enjoyed capital gains of 2.63% 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 7.01% growth over a ten-year period. It ranks 1944th on our list of suburbs that property investors should look into.

NUMURKAH, 3636 has a capital gain of 2.63% for the past year, which is lower than average compared to its 62.7% growth within a five-year period.

With the median home price in NUMURKAH sitting at $410,000, and the average rent at $450, property owners could potentially earn a 5.71% 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.

Based on its average 5-year and quarterly capital gains NUMURKAH, 3636 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that the VIC suburb obtained a 5.26% growth over a ten-year period. It ranks 880th on our list of suburbs that property investors should look into.

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

NUMURKAH, 3636 has a capital gain of 10.91% for the past year, which is lower than average compared to its 84.85% growth within a five-year period.

With the median home price in NUMURKAH sitting at $305,000, and the average rent at $390, property owners could potentially earn a 6.65% 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.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$410,000	$305,000
Growth Report
Median Quarterly	0%	-1.61%
Median 12 month	2.63%	10.91%
Median 3 years	18.33%	7.96%
Median 5 years	62.7%	84.85%
10 years average annual	7.01%	5.26%
Weekly media advert. rent	$450	$390
Time on Market	86 days	N/A
Gross Rental Yield Percent	5.71%	6.65%

Demographics (Median Values)*

Total Population 5241

Weekly Household Income 987

Household Size 2.30

Average 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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