Numurkah, 3636 ranked 223th in VIC when comparing growth in median property values or capital gain over the last 12 months. Numurkah is one of 2099 in our list for VIC
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Numurkah has increased when compared to the 5 year average annual rate.
Sellers are offering property buyers an average discount of -6.08% to buyers in Numurkah at the moment, which is less than average for the rest of VIC.
Residents and property investors in Numurkah have been waiting around 109.595 days to sell a property.
Giving property investors a an average capital gain of 0.56% for the last year, Numurkah, 3636 is the 703th highest performer in Australia in this respect.
Across a shorter period, Numurkah, 3636 has seen a median price increase of 0.00% over the last quarter.
Sellers are offering property buyers an average discount of -6.88% to buyers in Numurkah at the moment, which is less than average for the rest of VIC.
Using the current median advertised rental of $190 and the average annual increase in value of a median property of 0.05%, investors should hope to achieve an overall return of 5.49%
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Numurkah, VIC – A tight knit community
Median unit price: $175,000
Three-year growth: 9%
Rental yield: 5%
Conveniently located on the Goulburn Valley Highway just north of Shepparton, the suburb of Numurkah was originally the home of the Yorta Yorta people. Grey-headed and little red flying foxes nest in Numurkah and help pollinate the native trees. Many insect-eating microbats also aid in controlling the insect population here.
Various activities throughout the year bring the community together – art shows are held in March, fishing competitions in April, go-kart races in September and car shows in December. Sports are a major focus in the suburb as well, with facilities for lawn tennis, bowls, soccer, swimming and golf.