Suburb Profile

Suburb profile for,

Niddrie, VIC

Located in the dynamic state of VIC (postcode 3042), NIDDRIE is a vibrant real estate market. This suburb holds a median house price of $1,295,350 and has demonstrated an average buying growth of Up 2.0%. Last month, 15 houses were available, with 65 transactions completed in the past year. Properties spend around 53 days on the market, reflecting the area's demand with 1574 interested buyers. The average rental yield stands at 2.5%, with a weekly median rent of $470 per week and an average rent growth of Up 5.5%. Rental properties usually stay on the market for 43 days. The population in 2016 was 5455, which changed by +11.90% in the past five years. The median weekly household income is $1,757, reflecting an income change of +21.26% over the past five years. Residents have a median age of 38 years, and the suburb has an average annual growth for houses of +6.25%. To fully take advantage of NIDDRIE's prosperous real estate market and substantial buyer interest, rely on Handle Properties. As the best buyers agent in NIDDRIE, Handle provides end-to-end property investment services, backed by data and experts.

SUBURB DATA

Quantitative data for,

Niddrie, VIC

The quantitative data below has been compiled on 30th May 2023 from a range of third party sources using a variety of manual methods. Handle does not guarantee the accuracy of this data shown below.
State
VIC
Suburb
NIDDRIE
Postcode
3042
Median price for all dwellings
$1,295,350
Last 12 months growth return
Up 2.0%
Avg. dwellings for sale in the suburb every month
15
Avg. dwellings sold in the suburb in previous 12 months
65
Avg days on market for a dwelling listing to sell
53 days
Avg. number of people searching in this suburb every month
1574
Avg. rental yield per annum
2.50%
Weekly median rent for all dwellings
$470 per week
Median price for all houses
$1,295,350
Avg. rental yield growth in the previous 12 months
2.50%
Avg. days for a rental listing to find a tennant
43 days
Total suburb population in 2016
5455
Total suburb population change in 5 years up to 2016
11.90%
Avg. household income per week
$1,757
Median age of the population in the suburb
38
Historic avg annual growth return per annum in the suburb
6.25%

Try Handle risk-free for 14 days!

Receive high quality property recommendations with a rental guarantee.
Full refund if we cannot find you properties that meet your needs.
Get started today!
😎
End-to-End Service
👊🏼
14-day risk free trial
🚀
Off