Cape Woolamai

POSTAL CODE: VIC, 3925

HOUSE

Based on its average 5-year and quarterly capital gains CAPE WOOLAMAI, 3925 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 CAPE WOOLAMAI, 3925 obtained a 8.2% growth over a ten-year period. It ranks 1070th on our list of suburbs that property investors should look into.

CAPE WOOLAMAI, 3925 in VIC belongs to the local government area of Bass Coast.

CAPE WOOLAMAI, 3925 has a capital gain of -5.41% for the past year, which is lower than average compared to its 26.93% growth within a five-year period.

With the median home price in CAPE WOOLAMAI sitting at $700,000, and the average rent at $470, property owners could potentially earn a 3.49% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in CAPE WOOLAMAI 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	$700,000	N/A
Growth Report
Median Quarterly	1.45%	N/A
Median 12 month	-5.41%	N/A
Median 3 years	-19.54%	N/A
Median 5 years	26.93%	N/A
10 years average annual	8.2%	N/A
Weekly media advert. rent	$470	N/A
Time on Market	120.8 days	N/A
Gross Rental Yield Percent	3.49%	N/A

Demographics (Median Values)*

Total Population 3384

Weekly Household Income 1100

Household Size 2.30

Average Age 46

Monthly Loan Repayment 1425

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

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