Suburb Profile Report for Nyah West VIC (3595)

Nyah West House: Median price $137,000, Annual capital growth 5.43%, Number of sales 13, Weekly median advertised rent $235

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

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

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House Report

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%

Metrics	HOUSE	UNIT
Median price	$137,000	N/A
Quarterly growth	0.00%	N/A
12-month growth	5.38%	N/A
Average Annual Growth	5.43%	N/A
Weekly median advertised rent	$235	N/A
Number of sales	13	N/A
Gross rental yield	8.92%	N/A
Days on market	73	N/A

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload but we note that our providers routinely update data and we are currently working on a solution to include these retrospective updates.

Your estimated repayment
$553.99/monthDo you qualify?

Based on the median price for this suburb and an 80% LVR loan over 25 yrs with 3.59% interest rate.

DSR Score for property investment : Above average (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