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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 5 of 740 investment properties found in East Gippsland on realestateinvestar.com.au

29 Anderson St, Bairnsdale

$495,000

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CHARACTER 3 BEDROOM HOME WITH REAR YARD ACCESS

This well-kept 1960s weatherboard home offers solid bones, comfortable living and a great location. In very good condition for its age, it presents a fantastic opportunity for first home buyers, investors or those looking for a home they can gradually update over time. Inside, the home features ...

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House

VIC 3875


35 Martins Rd, Wy Yung

$1,350,000

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FERMOY A Landmark Estate of Character, Craftsmanship & Scale

Set on approximately 7 acres right on the edge of town, "FERMOY" is a truly one-of-a-kind residence, proudly offered for sale for the very first time, inspired by classic Victorian design and brought to life with remarkable craftsmanship and enduring materials. Constructed from tonnes of bluestone ...

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House

VIC 3875


12 Salisbury St, Orbost

$549,000

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Walk to Town, Spacious Living + Impressive Shedding

Offering a rare combination of space, shedding and accessibility, this is a standout opportunity in the Orbost market. Positioned just moments from Orbost's CBD, this well-maintained home combines space, accessibility and exceptional shedding on a generous 950sqm allotment-perfect for those ...

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House

VIC 3888


54A Turnbull St, Bairnsdale

$620,000

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MODERN QUALITY LIVING IN DOWNTOWN BAIRNSDALE

Set in a convenient, well-established pocket of Bairnsdale, 54A Turnbull Street presents a quality-built home designed for easy, low-maintenance living without compromising on space. A spacious entry welcomes you inside, complete with a dedicated study - ideal for working from home or a quiet ...

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Unit

VIC 3875


21/5 Canal Rd, Paynesville

$440,000

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EASY CARE LIVING WITH SUNNY NORTH FACING COURTYARD IN PARKRIDGE

Situated in the ever popular Parkridge Village for over 55's, this well presented brick veneer villa delivers a relaxed, low maintenance lifestyle with all the comforts in place. At the heart of the home, the well appointed kitchen features a wall oven, electric cooktop and Miele dishwasher and is ...

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Unit

VIC 3880


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