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Investment Property Nillumbik, VIC

Region Snapshot

Nillumbik is a region in Victoria, Australia. Nillumbik has a population of 61,276 people and 8.98% of its occupants live in rental accommodation. The median listing price for houses is $1,000,000 and this has changed 5.26% over the past year and changed 8.69% over 2 years.

The median rent in for houses is $580 per week and the median rental yield is 3.01%. Stock on the market for houses/townhouses has changed 8.24% compared to last year and the average time to sell a house/townhouse is NA days.The median listing price for units is $700,000 and this has changed 9.37% over the past year. The average unit takes NA days to sell and the median rent for a unit in Nillumbik is $490 per week, producing a rental yield of 3.64%.

Supply & Demand in Nillumbik

0.37%

Current vacancy rate


115

Rental stock available


61,276

Population


8.98%

Rental population


0.94%

Current vacancy rate


29,256

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 Nillumbik

  House Townhouses Units
Median listing price $1,000,000 $725,000 $700,000
Median price change - last quarter 0.00% 2.83% 0.00%
Median price change - 1 year 5.26% -0.69% 9.37%
Median price change - 2 years 8.69% 3.57% 5.66%
  House Townhouses Units
Median weekly rent $580 $585 $490
Median yield % 3.01% 4.19% 3.64%
Median rent change - 1 year 8.41% 1.73% 8.88%
  House Units
Previous month sales 97 6
Stock on market previous month 381 24
Stock variance vs. last year 8.24% -14.29%
Average days on market NA NA

Nillumbik investment property listings

Showing 4 of 4 investment properties found in Nillumbik on realestateinvestar.com.au

3 Tata Way, DOREEN

$490,000

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Townhouse

VIC 3754


92 Glen Park Rd, ELTHAM NORTH

$1,150,000

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5

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2

House

VIC 3095


23 Nathan Rd, ELTHAM

$1,650,000

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5

House

VIC 3095


1 Gleneagle Way, ELTHAM

$1,390,000

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3

House

VIC 3095


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