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Investment Property Sydenham, VIC, 3037

Suburb Snapshot

Sydenham is a suburb in the Brimbank Region of Victoria. Sydenham has a population of 10,837 people and 28.93% of its occupants live in rental accommodation. The median listing price for houses is $610,000 and this has changed -1.62% over the past year and changed -7.58% over 2 years.

The median rent in Sydenham for houses is $480 per week and the median rental yield is 4.09%. Stock on the market for houses/townhouses has changed 14.29% compared to last year and the average time to sell a house/townhouse is 47 days.The median listing price for units is $430,000 and this has changed 0.00% over the past year. The average unit takes 86 days to sell and the median rent for a unit in Sydenham is $420 per week, producing a rental yield of 5.07%.

Supply & Demand in Sydenham, Brimbank

0.86%

Current vacancy rate


34

Rental stock available


10,837

Population


28.93%

Rental population


0.69%

Current vacancy rate


530

Rental stock available


194,317

Population


23.53%

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 Sydenham, Brimbank

  House Townhouses Units
Median listing price $610,000 $502,500 $430,000
Median price change - last quarter 0.00% 5.26% 0.00%
Median price change - 1 year -1.62% 4.68% 0.00%
Median price change - 2 years -7.58% 0.50% -2.28%
  House Townhouses Units
Median weekly rent $480 $470 $420
Median yield % 4.09% 4.86% 5.07%
Median rent change - 1 year 6.66% 4.44% 7.69%
  House Units
Previous month sales 6 4
Stock on market previous month 24 11
Stock variance vs. last year 14.29% -21.43%
Average days on market 47 86

Sydenham investment property listings

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