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Nyah, VIC 3594

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Tight Rental MarketStrong Growth

Median House

$395,000

list-price estimate

Median Unit

$460,000

Gross Yield (houses)

5.5%

1yr Growth (houses)

+13.2%

market range +0.0% to +17.5%

Investment snapshot for Nyah

Nyah has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Nyah market and investor summary

In Nyah, VIC 3594, houses show a gross rental yield of 5.5%. House prices have moved +13.2% over the past year. At 1.6% vacancy, it is a tight rental market that favours landlords.

For an investor, the rent-to-price maths here leans toward cashflow: a gross house yield near 5.5% does more of the early heavy lifting than capital growth usually would at this price point. Rental demand looks steady, with vacancy at 1.6% and a resident base that is not shrinking. Houses also take time to sell, around 108 days on market, so plan for a slower exit if you ever need one.

Living in Nyah: people, income and schools

Nyah is home to around 536 people, a number that has held fairly steady over five years. At a median age of 46, it reads as skewed a little older, and 77% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.

The typical household income runs to around $59,000 a year (about $1,130 a week). On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (2 out of 10).

There is 1 school within about 5km, testing below the national school average on ICSEA. It is fairly car-dependent; the suburb scores 2 for walkability and 1 for transit out of 100.

Population
536
+0% over 5yr
Median age
46 years
Median household income
$59,000/yr
Households renting
19%
Family households
62%
Socio-economic rank
2/10
ABS advantage index
Schools within 5km
1
avg ICSEA 922
Unemployment
1.6%
Walk score
2/100

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Nyah

No properties currently listed in Nyah

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Frequently asked questions about Nyah

What should I check before investing in Nyah?

Nyah has enough public data for first-pass screening across yield, vacancy, price and supply signals. Solid house gross rental yield of 5.5%, giving a stronger rent-to-price starting point than many suburbs. Capital growth of +13.2% in the past year shows strong recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Nyah?

The median property price in Nyah, VIC 3594 is $460K for units.

What rental yield does Nyah show?

The gross rental yield in Nyah is 5.5% for houses and 1.9% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

What does recent house price growth show for Nyah?

House prices in Nyah are up 13.2% over the past year. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.

How tight is the rental market in Nyah?

The current vacancy rate in Nyah is 1.6%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.

How many people live in Nyah?

Nyah has a population of approximately 536 residents, with a median age of 46.

What schools are near Nyah?

There are 1 school within roughly 5km of Nyah. Their average ICSEA is below the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Nyah's population growing?

The population of Nyah has held roughly flat over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

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