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Investment Property Point Cook, VIC, 3030

Suburb Snapshot

Point Cook is a suburb in the Wyndham Region of Victoria. Point Cook has a population of 49,936 people and 27.14% of its occupants live in rental accommodation. The median listing price for houses is $750,000 and this has changed 0.00% over the past year and changed 1.35% over 2 years.

The median rent in Point Cook for houses is $550 per week and the median rental yield is 3.81%. Stock on the market for houses/townhouses has changed -15.19% compared to last year and the average time to sell a house/townhouse is 90 days.The median listing price for units is $490,000 and this has changed 11.36% over the past year. The average unit takes 102 days to sell and the median rent for a unit in Point Cook is $455 per week, producing a rental yield of 4.82%.

Supply & Demand in Point Cook, Wyndham

1.43%

Current vacancy rate


313

Rental stock available


49,936

Population


27.14%

Rental population


1.75%

Current vacancy rate


2,198

Rental stock available


217,116

Population


25.85%

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 Point Cook, Wyndham

  House Townhouses Units
Median listing price $750,000 $575,000 $490,000
Median price change - last quarter 0.00% 0.00% 1.54%
Median price change - 1 year 0.00% -2.55% 11.36%
Median price change - 2 years 1.35% -0.70% 8.88%
  House Townhouses Units
Median weekly rent $550 $510 $455
Median yield % 3.81% 4.61% 4.82%
Median rent change - 1 year 5.76% 10.86% 5.81%
  House Units
Previous month sales 72 2
Stock on market previous month 441 21
Stock variance vs. last year -15.19% -32.26%
Average days on market 90 102

Point Cook investment property listings

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