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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 $524,000 and this has changed 0.96% over the past year and changed 0.28% over 2 years.

The median rent in Sale for houses is $435 per week and the median rental yield is 4.31%. Stock on the market for houses/townhouses has changed 25.93% compared to last year and the average time to sell a house/townhouse is 155 days.The median listing price for units is $318,000 and this has changed 6.35% over the past year. The average unit takes 123 days to sell and the median rent for a unit in Sale is $290 per week, producing a rental yield of 4.74%.

Supply & Demand in Sale, Wellington

0.80%

Current vacancy rate


59

Rental stock available


13,671

Population


27.83%

Rental population


0.37%

Current vacancy rate


99

Rental stock available


42,984

Population


17.56%

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 Sale, Wellington

  House Townhouses Units
Median listing price $524,000 $449,000 $318,000
Median price change - last quarter 1.05% 1.12% -0.32%
Median price change - 1 year 0.96% 1.01% 6.35%
Median price change - 2 years 0.28% -8.74% 18.21%
  House Townhouses Units
Median weekly rent $435 $440 $290
Median yield % 4.31% 5.09% 4.74%
Median rent change - 1 year 3.57% -6.39% -9.38%
  House Units
Previous month sales 15 0
Stock on market previous month 238 15
Stock variance vs. last year 25.93% -11.76%
Average days on market 155 123

Sale investment property listings

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