With a capital gain of 14.44% for the last 12 months, Euroa, 3666 has performed for property investments than its average annual 7.03% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Euroa,3666 has racked up an average of 14.44% over the period. This ranks it number 590th in the whole country for real estate investors looking at median house price increases.
Euroa, 3666 is offering VIC ‘s 252th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this VIC.
In the last year 62 properties changed hands in Euroa, which puts it as the 366th most active market in VIC when comparing the number of sales per suburb.
With the median price for a house in Euroa being $309000 and the advertised rent reaching $280 the gross rental yield for property investors calculates out to be 4.71%
Advertised rents are around the $230 mark per week – giving a return of 5.20% based on the median price in Suburb
Information supplied by:
Euroa, VIC – Good value for houses
Median house price: $270,000
Three-year growth: 6.8%
Rental yield: 5.4%
Named for a local Aboriginal word meaning “joyful,” Euroa is certainly a spot that looks to bring joy to its residents. Houses are very reasonably priced here at a median value of under $300,000.
Located between Melbourne and Albury, Euroa is part of the Goulburn Valley region. It has become a retreat for many retirees, with retirement villages scattered throughout the area. There are also a few schools here, namely, St John’s Primary School, Euroa Primary and Euroa Secondary College. Euroa also serves as the site of the Strathbogie Shire headquarters. Australia rules football is played at the Euroa Oval. Commuters are served by the V/Line via the North East railway.