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Investment Property Sale, VIC, 3850

Suburb Snapshot

Sale is a suburb in the Wellington Region of Victoria. Sale has a population of 13,671 people and 27.83% of its occupants live in rental accommodation. The median listing price for houses is $525,500 and this has changed 2.03% over the past year and changed 1.25% over 2 years.

The median rent in Sale for houses is $430 per week and the median rental yield is 4.25%. Stock on the market for houses/townhouses has changed 20.32% compared to last year and the average time to sell a house/townhouse is 97 days.The median listing price for units is $319,000 and this has changed 11.92% over the past year. The average unit takes 82 days to sell and the median rent for a unit in Sale is $295 per week, producing a rental yield of 4.80%.

Supply & Demand in Sale, Wellington

0.73%

Current vacancy rate


54

Rental stock available


13,671

Population


27.83%

Rental population


0.40%

Current vacancy rate


105

Rental stock available


42,984

Population


17.56%

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 Sale, Wellington

  House Townhouses Units
Median listing price $525,500 $449,500 $319,000
Median price change - last quarter 1.05% 1.12% -0.32%
Median price change - 1 year 2.03% 0.11% 11.92%
Median price change - 2 years 1.25% -9.20% 12.32%
  House Townhouses Units
Median weekly rent $430 $440 $295
Median yield % 4.25% 5.09% 4.80%
Median rent change - 1 year 2.38% -4.35% -7.82%
  House Units
Previous month sales 5 0
Stock on market previous month 225 13
Stock variance vs. last year 20.32% -27.78%
Average days on market 97 82

Sale investment property listings

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