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Nyah West, VIC 3595
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$325,000
market range $300K-$375K
Median Unit
$485,000
Gross Yield (houses)
6.0%
1yr Growth (houses)
+11.2%
market range +0.0% to +17.5%
Investment snapshot for Nyah West
Nyah West has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Nyah West market and investor summary
In Nyah West, VIC 3595, the median house sells for around $325K, on a gross rental yield of 6.0% for houses. House prices have moved +11.2% over the past year. At 1.2% 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 6.0% does more of the early heavy lifting than capital growth usually would at this price point. Rental demand looks steady, with vacancy at 1.2% and a resident base that is not shrinking.
Living in Nyah West: people, income and schools
Nyah West is home to around 673 people, a number that has held fairly steady over five years. At a median age of 45, it reads as skewed a little older, and 71% of homes are owner-occupied.
The typical household income runs to around $51,000 a year (about $980 a week). On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (1 out of 10). At current prices a median house runs to about 6.4 times local household income, in line with much of metropolitan Australia. Incomes have risen about 34% over five years, which tends to underpin what local buyers can pay.
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 out of 100.
- Population
- 673
- +0% over 5yr
- Median age
- 45 years
- Median household income
- $51,000/yr
- Households renting
- 22%
- Family households
- 61%
- Socio-economic rank
- 1/10
- 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 West
No properties currently listed in Nyah West
Search Nyah West listings →Frequently asked questions about Nyah West
What should I check before investing in Nyah West?
Nyah West has enough public data for first-pass screening across yield, vacancy, price and supply signals. Solid house gross rental yield of 6.0%, giving a stronger rent-to-price starting point than many suburbs. Capital growth of +11.2% 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 West?
The median property price in Nyah West, VIC 3595 is $325K for houses and $485K for units.
What rental yield does Nyah West show?
The gross rental yield in Nyah West is 6.0% for houses and 4.4% 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 West?
House prices in Nyah West are up 11.2% 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 West?
The current vacancy rate in Nyah West is 1.2%. 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 West?
Nyah West has a population of approximately 673 residents, with a median age of 45.
What schools are near Nyah West?
There are 1 school within roughly 5km of Nyah West. 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 West affordable to buy in?
A median house in Nyah West costs about 6.4 times the median local household income (broadly in line with metropolitan Australia). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Nyah West's population growing?
The population of Nyah West 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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