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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

25 Southon Tce, Nicholson

$669,205

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Lot 42, 25 Southon Terrace, Nicholson MILLWATER 210

Your Courtyard Sanctuary House and Land Package For Land Enquires contact Rick - Vic Properties on 0413 752 919 or [email protected] For House / Design enquires contact Paul Teesdale - GJ Gardner Homes on 0439 720 892 or [email protected] The Millwater home stands out with its ...

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House

VIC 3882


130 Dalmahoy St, Bairnsdale

$360,000

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CHARMING WEATHERBOARD HOME WITH INVESTMENT APPEAL

This solid weatherboard home presents an excellent opportunity for first-home buyers, downsizers or savvy investors looking to expand their portfolio. Offering two spacious bedrooms, the property features an inviting dining and lounge area that provides a comfortable space for everyday living. The ...

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House

VIC 3875


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