Nyah West has had a pretty average year for property investment returns compared to the rest of VIC, giving investors a capital gain of 5.38% to date .
Nyah West,3595 was ranked 2030 in Australia by increase in median property value over the quarter.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.01% offered to property buyers. Sellers in Nyah West itself are offering an average vendor discount of -12.32% to real estate investors.
With the median price for a house in Nyah West being $137000 and the advertised rent reaching $235 the gross rental yield for property investors calculates out to be 8.92%