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Cape Woolamai
AREA REPORTS

Cape Woolamai

Cape Woolamai - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3925

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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 8.77% growth over a ten-year period. It ranks 478th 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 (S).

CAPE WOOLAMAI, 3925 has a capital gain of 38.94% for the past year, which is higher than average compared to its 98.51% growth within a five-year period.

With the median home price in CAPE WOOLAMAI sitting at $766,250, and the average rent at $380, property owners could potentially earn a 2.58% 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.

A 38.94% increase in median property prices in CAPE WOOLAMAI, 3925 has allowed this suburb to join the ranks of best performing suburbs in VIC, settling at number 30th.

Data report can be found below

Cape Woolamai
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $766,250 N/A
GROWTH REPORT
Median Quarterly 7.92% N/A
Median 12 month 38.94% N/A
Median 3 years 63.03% N/A
Median 5 years 98.51% N/A
10 years average annual 8.77% N/A
Weekly media advert. rent $380 N/A
Time on Market 25.4 days N/A
Gross Rental Yield Percent 2.58% N/A
demographics (median values)*
Total Population
3384
Weekly Household Income
1100
Household Size
2.30
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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