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Investment Property Spring Gully, VIC, 3550

Suburb Snapshot

Spring Gully is a suburb in the Greater Bendigo Region of Victoria. Spring Gully has a population of 3,002 people and 19.46% of its occupants live in rental accommodation. The median listing price for houses is $580,000 and this has changed -10.77% over the past year and changed -2.85% over 2 years.

The median rent in Spring Gully for houses is $465 per week and the median rental yield is 4.16%. Stock on the market for houses/townhouses has changed -50.00% compared to last year and the average time to sell a house/townhouse is 72 days.The median listing price for units is $395,000 and this has changed 5.33% over the past year. The average unit takes 113 days to sell and the median rent for a unit in Spring Gully is NA per week, producing a rental yield of NA.

Supply & Demand in Spring Gully, Greater Bendigo

0.46%

Current vacancy rate


7

Rental stock available


3,002

Population


19.46%

Rental population


0.68%

Current vacancy rate


393

Rental stock available


110,479

Population


24.07%

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 Spring Gully, Greater Bendigo

  House Townhouses Units
Median listing price $580,000 NA $395,000
Median price change - last quarter -8.31% NA -0.61%
Median price change - 1 year -10.77% NA 5.33%
Median price change - 2 years -2.85% NA 49.05%
  House Townhouses Units
Median weekly rent $465 NA NA
Median yield % 4.16% NA NA
Median rent change - 1 year -1.07% NA NA
  House Units
Previous month sales 3 0
Stock on market previous month 12 2
Stock variance vs. last year -50.00% -83.33%
Average days on market 72 113

Spring Gully investment property listings

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