Suburb Profile Report for Nyah West VIC (3595)

Nyah West House: Median price $137,000, Annual capital growth 8.17%, Number of sales 10, Weekly median advertised rent $215

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

Source: CoreLogic What is the right investment loan for you? Find out now

House Report

Over the last year, property investments in Nyah West, 3595 have given investors a capital gain of -2.14%. This compares very badly with the 8.91% for VIC as a whole.

Nyah West is 4th on a list of best yielding suburbs for rents in VIC with a 8.16% return

Metrics	HOUSE	UNIT
Median price	$137,000	N/A
Quarterly growth	N/A	N/A
12-month growth	-2.14%	N/A
Average Annual Growth	8.17%	N/A
Weekly median advertised rent	$215	N/A
Number of sales	10	N/A
Gross rental yield	8.16%	N/A
Days on market	N/A	N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)

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Demographics

Total population	683
Median household income ($/weekly)	689
Median age of persons	44
Median housing loan repayment ($/monthly)	698
Average household size	2.4

Census	Count	Percent(%)
5-14 years	89	13.0
35-44 years	69	10.1
45-54 years	99	14.5
55-64 years	80	11.7
65-74 years	80	11.7
Others	266	38.9

Age Group

Census	Count	Percent(%)
Not Married	218	46.7
Registered Married	209	44.8
Defacto Relationship	40	8.6

Social Marital Status

Census	Count	Percent(%)
Australia	602	92.0
Japan	6	0.9
Papua New Guinea	11	1.7
United Kingdom	11	1.7
Other	9	1.4
Others	15	2.3

Country of Birth

Census	Count	Percent(%)
Christianity	427	67.9
No Religion	192	30.5
Buddhism	7	1.1
Other Religious Groups	3	0.5
Hinduism	0	0.0
Others	0	0.0

Religious Affiliation

Census	Count	Percent(%)
$300-$399	28	12.5
$400-$599	46	20.5
$600-$799	38	17.0
$800-$999	21	9.4
$1,000-$1,249	21	9.4
Others	70	31.3

Gross Household Income (Weekly)

Census	Count	Percent(%)
Not in the labour force	260	49.9
Employed, worked full-time	150	28.8
Employed, worked part-time	65	12.5
Employed, away from work	25	4.8
Unemployed, looking for work	21	4.0

Person Characteristics

Census	Count	Percent(%)
Managers	44	18.6
Technicians & trades workers	46	19.4
Sales	26	11.0
Machinery operators & drivers	23	9.7
Labourers	44	18.6
Others	54	22.8

Occupation

Census	Count	Percent(%)
Infants/Primary	56	43.1
Secondary	46	35.4
Technical or Further Educational Institution	15	11.5
Pre-school	10	7.7
University or other Tertiary Institutions	3	2.3
Others	0	0.0

Type of Educational Institution Attending

Census	Count	Percent(%)
Separate house	583	94.0
House or flat attached to a shop, office	23	3.7
Flat, unit or apartment	11	1.8
Caravan, cabin, houseboat	3	0.5
Semi-detached, row or terrace house, townhouse	0	0.0
Others	0	0.0