Leneva

POSTAL CODE: VIC, 3691

HOUSE

Based on its average 5-year and quarterly capital gains LENEVA, 3691 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 LENEVA, 3691 obtained a 8.17% growth over a ten-year period. It ranks 1210th on our list of suburbs that property investors should look into.

LENEVA, 3691 in VIC belongs to the local government area of Wodonga.

LENEVA, 3691 has a capital gain of 9.34% for the past year, which is lower than average compared to its 47.23% growth within a five-year period.

With the median home price in LENEVA sitting at $743,500, and the average rent at $640, property owners could potentially earn a 4.48% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in LENEVA 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	$743,500	N/A
Growth Report
Median Quarterly	2.91%	N/A
Median 12 month	9.34%	N/A
Median 3 years	11.8%	N/A
Median 5 years	47.23%	N/A
10 years average annual	8.17%	N/A
Weekly media advert. rent	$640	N/A
Time on Market	59.3 days	N/A
Gross Rental Yield Percent	4.48%	N/A

Demographics (Median Values)*

Total Population 9704

Weekly Household Income 1631

Household Size 2.80

Average Age 38

Monthly Loan Repayment 1634

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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