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Investment Property South Gippsland, VIC

Region Snapshot

South Gippsland is a region in Victoria, Australia. South Gippsland has a population of 28,699 people and 13.30% of its occupants live in rental accommodation. The median listing price for houses is $650,000 and this has changed -5.11% over the past year and changed -1.52% over 2 years.

The median rent in for houses is $420 per week and the median rental yield is 3.36%. Stock on the market for houses/townhouses has changed 9.41% compared to last year and the average time to sell a house/townhouse is NA days.The median listing price for units is $425,000 and this has changed -1.17% over the past year. The average unit takes NA days to sell and the median rent for a unit in South Gippsland is $325 per week, producing a rental yield of 3.97%.

Supply & Demand in South Gippsland

0.27%

Current vacancy rate


49

Rental stock available


28,699

Population


13.30%

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 South Gippsland

  House Townhouses Units
Median listing price $650,000 NA $425,000
Median price change - last quarter -1.52% NA 0.00%
Median price change - 1 year -5.11% NA -1.17%
Median price change - 2 years -1.52% NA -1.05%
  House Townhouses Units
Median weekly rent $420 NA $325
Median yield % 3.36% NA 3.97%
Median rent change - 1 year 5.00% NA -1.52%
  House Units
Previous month sales 35 0
Stock on market previous month 500 17
Stock variance vs. last year 9.41% 54.55%
Average days on market NA NA

South Gippsland investment property listings

Showing 3 of 3 investment properties found in South Gippsland on realestateinvestar.com.au

1725 Wild Dog Valley, Strzelecki

$580,000

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The Brief: 67 Acres (approx.) of Privacy, Water and Natural Beau

It's Addressed: Set at the end of a quiet no through road, this 67 acre|27.1Ha (approx.) holding offers complete privacy, permanent water and a beautiful mix of landscapes from steep hill country and rolling rises through to flats around the creek and barn. It's a property that feels peaceful, ...

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Rural

VIC 3950


28 Condon Cres, Venus Bay

$499,000

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A wonderful Mediterranean feel!

This lovely solid brick property enjoys plenty of space, and boasts two large bedrooms, a large modernised family bathroom, and a wonderful open plan kitchen, dining and lounge area with split system and a crackling open fire place. The kitchen is a great size, and features plenty of storage for ...

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House

VIC 3956


56 Bena Rd, Korumburra

$570,000

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Fresh, Light & Ready to Enjoy Renovated Cottage on a Generous B

Fresh, bright and beautifully finished, this charming two-bedroom cottage has been thoughtfully and extensively renovated, offering a move-in ready home where all the hard work has already been done. Set on a generous approx. 1,100m² block, the home has been completely refreshed from top to ...

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House

VIC 3950


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