Metro Melbourne Surpasses $1m Mark For The First Time
While it has lagged behind other capital cities in post-pandemic recovery, Melbourne has now cemented its resilience, re...
NYORA, 3987 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.
Investors saw the median home price rise to $625,000.
NYORA now ranks at the 21st place on a list of fastest growing suburbs in the territory.
Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In NYORA, homes and units usually stay on listing for an average of 54.9 days.
In 2016, 18 properties were sold in NYORA during the past year, making it the 534th most active market in VIC based on total real estate transactions.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||N/A||N/A|
|Median 3 years||N/A||N/A|
|Median 5 years||N/A||N/A|
|10 years average annual||36.36%||N/A|
|Weekly media advert. rent||N/A||N/A|
|Time on Market||54.9 days||N/A|
|Gross Rental Yield Percent||N/A||N/A|