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Investment Property Sydenham, VIC, 3037

Suburb Snapshot

Sydenham is a suburb in the Brimbank Region of Victoria. Sydenham has a population of 10,837 people and 28.93% of its occupants live in rental accommodation. The median listing price for houses is $620,000 and this has changed 0.00% over the past year and changed -4.62% over 2 years.

The median rent in Sydenham for houses is $480 per week and the median rental yield is 4.02%. Stock on the market for houses/townhouses has changed -3.70% compared to last year and the average time to sell a house/townhouse is 45 days.The median listing price for units is $430,000 and this has changed 0.00% over the past year. The average unit takes 75 days to sell and the median rent for a unit in Sydenham is $420 per week, producing a rental yield of 5.07%.

Supply & Demand in Sydenham, Brimbank

0.76%

Current vacancy rate


30

Rental stock available


10,837

Population


28.93%

Rental population


0.65%

Current vacancy rate


502

Rental stock available


194,317

Population


23.53%

Rental population


0.94%

Current vacancy rate


29,256

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for Sydenham, Brimbank

  House Townhouses Units
Median listing price $620,000 $500,000 $430,000
Median price change - last quarter 0.00% 5.26% 0.00%
Median price change - 1 year 0.00% 4.16% 0.00%
Median price change - 2 years -4.62% -3.85% -2.28%
  House Townhouses Units
Median weekly rent $480 $470 $420
Median yield % 4.02% 4.88% 5.07%
Median rent change - 1 year 6.66% 5.61% 9.09%
  House Units
Previous month sales 14 3
Stock on market previous month 26 9
Stock variance vs. last year -3.70% -43.75%
Average days on market 45 75

Sydenham investment property listings

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