How Much is My Home Worth in Longwarry?
On March 28, 2019, the median price for a house in Longwarry was $447,000. This year there has been 53 houses and 3 units sold. Of these house sales, 26 were three bedrooms. It takes approximately 30 days to sell a house. The annual capital growth for homes is 7.57%. The 12-month capital growth is 9.13% on houses. The gross rental yield for a house is 4.41%.
The Demand to Supply Ratio or DSR ranking says that an investment in houses is good and units is rated as above average. For both types of properties, there are more buyers than sellers. Vendors are more often than not getting their asking price. The national average for property growth should stay ahead of the average of the nation.
House prices and rent returns in Longwarry.
- 3 bedroom home $431,000 Rent per week $340
- 4 bedroom home $485,000 Rent per week $360
Free Real Estate Appraisal Longwarry
Are you going to put your house on the market for sale? If so, we provide free property appraisals on land, units, apartments and houses. We present our valuation on the property’s proximity to schools, shops and amenities. Nearby public transport is taken into account as is the recent sales history in the suburb. Our appraisers know the region well and will give you an accurate estimation as to the worth of your home.
Free Rental Appraisal Longwarry
Have you just purchased an investment property and need a rental manager? Or, are you vacating your home and would like to rent it out? Our property management team currently manage over 3650 homes in Melbourne. We have a database of tenants that are actively looking to rent all type of property. All our prospective tenants are vetted for security purposes. We engage closely with the landlord. Initially, we determine the length of the rental and the preferred tenant. From here we can place the renter, collect the monthly rent, carry out routine inspections and tend to maintenance issues. We will give you a free rental appraisal that should accurately reflect your weekly rent return.
Property Valuation Longwarry
Are you aware that an appraisal is different from a valuation? A real estate sales agent can give you an estimate as to the worth of your home. But, let’s say you require a valuation for legal reasons. Then, the valuation must be performed by a licenced valuer and there will be a fee.
Longwarry to Tynong
Recently Sold Homes in Longwarry and surrounds.
View our list of recently sold homes in Longwarry and surrounding suburbs.
Lifestyle in Longwarry
Located 83 kilometres south-east of the Melbourne CBD. The population is around 200 residents. Its neighbouring towns include Bunyip and Drouin. Close byto the east is the Drouin Golf and Country Club. There is the Longwarry Train station which runs along the Traralgon line.
Schools in Longwarry
There is 1 school in Longwarry.
- Longwarry Primary School Co-ed