Nyah is a small community in Victoria within the Swan Hill local government area (postcode 3594). With a population of 536, the suburb has a mature demographic with a median age of 46. Households earn a median income of $59K per year, with an average household size of 2.1 people. The most common occupations are labourers, technicians & trades, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Nyah is $295,000, having surged 40.8% over the past year. The current median weekly rent is $380. This gives a gross rental yield of approximately 6.7%. The median monthly mortgage repayment is $867.
Public transport access includes 6 bus stops. The crime rate in the Swan Hill LGA is higher than average at 11,054 incidents per 100,000 population.
From an investment perspective, Nyah offers a gross rental yield of 6.7%, rated as high yield. Property prices sit below the state median ($295K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 5.0x is considered affordable. House prices have moved +40.8% year-on-year.
Nyah is a small community in Victoria within the Swan Hill local government area (postcode 3594). With a population of 536, the suburb has a mature demographic with a median age of 46. Households earn a median income of $59K per year, with an average household size of 2.1 people. The most common occupations are labourers, technicians & trades, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Nyah is $295,000, having surged 40.8% over the past year. The current median weekly rent is $380. This gives a gross rental yield of approximately 6.7%. The median monthly mortgage repayment is $867.
Public transport access includes 6 bus stops. The crime rate in the Swan Hill LGA is higher than average at 11,054 incidents per 100,000 population.
From an investment perspective, Nyah offers a gross rental yield of 6.7%, rated as high yield. Property prices sit below the state median ($295K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 5.0x is considered affordable. House prices have moved +40.8% year-on-year.