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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 $609,500 and this has changed 2.43% over the past year and changed 16.09% over 2 years.

The median rent in for houses is $450 per week and the median rental yield is 3.83%. Stock on the market for houses/townhouses has changed 28.91% compared to last year and the average time to sell a house/townhouse is NA days.The median listing price for units is $355,000 and this has changed -2.74% over the past year. The average unit takes NA days to sell and the median rent for a unit in East Gippsland is $330 per week, producing a rental yield of 4.83%.

Supply & Demand in East Gippsland

0.57%

Current vacancy rate


161

Rental stock available


45,041

Population


17.07%

Rental population


0.87%

Current vacancy rate


26,641

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 $609,500 $495,000 $355,000
Median price change - last quarter 1.58% 0.00% 0.00%
Median price change - 1 year 2.43% 3.12% -2.74%
Median price change - 2 years 16.09% 6.45% 14.88%
  House Townhouses Units
Median weekly rent $450 $435 $330
Median yield % 3.83% 4.56% 4.83%
Median rent change - 1 year 7.14% 8.75% 3.12%
  House Units
Previous month sales 4 0
Stock on market previous month 767 75
Stock variance vs. last year 28.91% 27.12%
Average days on market NA NA

East Gippsland investment property listings

Showing 5 of 844 investment properties found in East Gippsland on realestateinvestar.com.au

3/2 Canal Rd, PAYNESVILLE

$339,000

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Unit

VIC 3880


3 Eastern Beach Rd, LAKES ENTRANCE

$639,500

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House

VIC 3909


19 Main Rd, PAYNESVILLE

$1,095,000

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House

VIC 3880


364 Metung Rd, Metung

$1,395,000

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Back Paddock Serenity

The opportunity to secure a diverse parcel of land well positioned close to Metung and the Gippsland Lakes is now available and presents a unique balance of agricultural, environmental and lifestyle attributes rarely seen in one holding. Referred to as "The Back Paddock" by locals, 364 Metung Road ...

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Rural

VIC 3904


224 Forest Rd, Orbost

$850,000

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Large home and self-contained unit on 3.5 acres

Would you like to live rural but want the convenience of being in town? Then why not have both? This 3.5 acre property is located on the edge of the town of Orbost with rural surroundings. The home is approximately fifty squares under roof with double brick walls, quality fixtures and fittings ...

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House

VIC 3888


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