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Investment Property East Gippsland, VIC

Region Snapshot

East Gippsland is a region in Victoria, Australia. East Gippsland has a population of 45,041 people and 17.07% of its occupants live in rental accommodation. The median listing price for houses is $610,000 and this has changed 0.49% over the past year and changed 2.52% over 2 years.

The median rent in for houses is $470 per week and the median rental yield is 4.00%. Stock on the market for houses/townhouses has changed 17.78% compared to last year and the average time to sell a house/townhouse is NA days.The median listing price for units is $369,000 and this has changed 1.37% over the past year. The average unit takes NA days to sell and the median rent for a unit in East Gippsland is $350 per week, producing a rental yield of 4.93%.

Supply & Demand in East Gippsland

0.56%

Current vacancy rate


161

Rental stock available


45,041

Population


17.07%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for East Gippsland

  House Townhouses Units
Median listing price $610,000 $499,000 $369,000
Median price change - last quarter 1.15% -3.33% -1.47%
Median price change - 1 year 0.49% 0.80% 1.37%
Median price change - 2 years 2.52% 4.06% 1.09%
  House Townhouses Units
Median weekly rent $470 NA $350
Median yield % 4.00% NA 4.93%
Median rent change - 1 year 4.44% NA 6.06%
  House Units
Previous month sales 66 4
Stock on market previous month 914 78
Stock variance vs. last year 17.78% 14.71%
Average days on market NA NA

East Gippsland investment property listings

Showing 2 of 2 investment properties found in East Gippsland on realestateinvestar.com.au

23 The Sanctuary, Metung

$680,000

property pic

Settle into The Sanctuary.

Metung - the 'Jewel in the Crown' of the Gippsland Lakes, with Kings Cove being the very upmarket development only minutes from village itself and complete with hot springs, professional golf course and restaurant. The Sanctuary is a quiet little court within 'buggy' ride of all Kings Cove has to ...

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3

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House

VIC 3904


28 Gay St, Lakes Entrance

$1,225,000

property pic

Luxury Coastal Living with Panoramic Ocean Views | Multi-Level E

Capturing breathtaking 180-degree ocean and beach views, this expansive residence delivers a premium coastal lifestyle in a tightly held position near the renowned Lakes Entrance Golf Club. Designed to maximise natural light and outlook, the home showcases sweeping glass expanses, seamless ...

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4

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6

House

VIC 3909


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