Giving property investors a a stable capital gain of 4.76% for the last year, Nathalia, 3638 is the 984th highest performer in Australia in this respect.
The five-year average increase in median property values for Nathalia,3638 has given property investors a potential capital gain of 32.53% across each of those five years.
Vendor discounting in Nathalia is giving property investors an average Vendor Discount of around -7.82%. This puts suburb at number 161th in VIC when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Nathalia the average time real estate has been on the market is 108.278 days.
A $240 per week rent on the median house gives suburb investors a gross yield of circa 5.67%, without taking into account capital value appreciation, which has been averaging out at 4.82%.
Information supplied by:
High yields at low prices
Median house price: $224,500
Three-year growth: 32.1%
Rental yield: 5.1%
On the banks of Broken Creek, the suburb of Nathalia may be considered a part of Victoria, but it is also close to the NSW border. This suburb is regarded as a part of Sun Country in Western Moira.
Houses are extremely low priced here at a median value of less than $225,000, even with Nathalia’s growth peaking at 35.2% over the past 12 months leading up to November 2017. The average rental yield is quite high at 5.1%, which definitely points to Nathalia being a good prospect for investors.
The suburb is known for its natural attractions, such as the trails in Barmah National Park. Kayaking is a popular recreational activity with the proximity of Murray River. Nathalia is also the site of several primary and secondary schools.