2. VIC
  3. East Gippsland

Houses Units

Here you can find what you need to know about Wy Yung, VIC, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$550K Median Sale Price (National Average $485k) 575th In VIC
15.79% Median Sale Price Change (1yr) (National Average 4.30%) 19th In VIC
Properties sold 14
Average discounting -5.14%
Average Days on Market 109
Stock on Market 38 for sale

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Wy Yung, VIC National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Wy Yung, VIC National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Wy Yung, VIC National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Wy Yung


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State Auction Clearance Rates


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Local Schools


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Suburb Information

Wy Yung, VIC 3875

Part of: East Gippsland Council No data available

The size of Wy Yung is approximately 35.4 square kilometres. It has 8 parks covering nearly 0.3% of total area. The population of Wy Yung in 2011 was 1,709 people. By 2016 the population was 1,658 showing a population decline of 3.0% in the area during that time. The predominant age group in Wy Yung is 50-59 years. Households in Wy Yung are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Wy Yung work in a trades occupation. In 2011, 74.5% of the homes in Wy Yung were owner-occupied compared with 77.9% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Wy Yung

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Wy Yung   for Houses in last 12 months


There have been 14 Houses sold in Wy Yung in the past 12 months with a median sale price of $550K, up 15.8% annually. It takes on average 98 days to sell with vendor discounting of -5.1%.

Others also viewed

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Wyalong NSW, 2671 Unavailable $240,000 Unavailable Unavailable View Suburb Profile
Westcourt QLD, 4870 4.89% $482,500 $495pw 5.3% View Suburb Profile
Park Holme SA, 5043 8.59% $825,253 $620pw 3.9% View Suburb Profile
Warragul VIC, 3820 1.59% $640,000 $500pw 4.1% View Suburb Profile
Yabulu QLD, 4818 22.15% $455,000 Unavailable Unavailable View Suburb Profile
Warwick WA, 6024 22.94% $836,000 $700pw 4.3% View Suburb Profile

Currency

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