Nyah West is a small community in Victoria within the Swan Hill local government area (postcode 3595). With a population of 673, the suburb has a mature demographic with a median age of 45. Households earn a median income of $51K per year, with an average household size of 2.3 people. The most common occupations are labourers, managers, machinery operators & drivers. The top ancestries reported are Australian, English, Irish.
The median house price in Nyah West is $248,000, having surged 15.3% over the past year. The current median weekly rent is $380. This gives a gross rental yield of approximately 8.0%. The median monthly mortgage repayment is $650.
Nyah West is served by 1 school, including 1 primary. The average ICSEA score is 893, which is well below the national average of 1,000. Public transport access includes 1 bus stop. Healthcare facilities include 1 public hospital. 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 West offers a gross rental yield of 8.0%, rated as high yield. Property prices sit below the state median ($248K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 4.9x is considered affordable. House prices have moved +15.3% year-on-year.
Nyah West is a small community in Victoria within the Swan Hill local government area (postcode 3595). With a population of 673, the suburb has a mature demographic with a median age of 45. Households earn a median income of $51K per year, with an average household size of 2.3 people. The most common occupations are labourers, managers, machinery operators & drivers. The top ancestries reported are Australian, English, Irish.
The median house price in Nyah West is $248,000, having surged 15.3% over the past year. The current median weekly rent is $380. This gives a gross rental yield of approximately 8.0%. The median monthly mortgage repayment is $650.
Nyah West is served by 1 school, including 1 primary. The average ICSEA score is 893, which is well below the national average of 1,000. Public transport access includes 1 bus stop. Healthcare facilities include 1 public hospital. 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 West offers a gross rental yield of 8.0%, rated as high yield. Property prices sit below the state median ($248K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 4.9x is considered affordable. House prices have moved +15.3% year-on-year.