VIC/
Goughs bay

Suburb Profile

Goughs Bay - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3723

house

Property investments in GOUGHS BAY fare well against the rest of the country last year, registering a median home price increase of 22.13%.

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

Based on its average 5-year and quarterly capital gains GOUGHS BAY, 3723 saw average growth in the long term.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 96.7 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $303,500.

GOUGHS BAY ranks 712th on the list of best yielding suburbs for rental properties in VIC, posting a 0% return.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $303,500 N/A
GROWTH REPORT
Median Quarterly 14.53% N/A
Median 12 month 22.13% N/A
Median 3 years 15.62% N/A
Median 5 years 28.6% N/A
10 years average annual 6.05% N/A
Weekly media advert. rent N/A N/A
Time on Market 96.7 days N/A
Gross Rental Yield Percent N/A N/A
demographics (median values)
Total Population
170
Weekly Household Income
541.4
Household Size
2.10
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Goughs Bay, VIC
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