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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


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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 1 of 1 investment properties found in East Gippsland on realestateinvestar.com.au

14/20 Marlo Rd, Marlo

$359,000

property pic

Affordable Coastal Living in Marlo Snowy River Estate

Welcome to Snowy River Estate, perfectly positioned at the entrance to the seaside town of Marlo in stunning East Gippsland. Offering a rare mix of lifestyle and opportunity, the estate features 16 spacious lots ranging from 560m² to 2,640m². This 763m² allotment comes complete with a neat ...

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VIC 3888


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