The latest data released on October 14, 2019, has the median price of a house at $425,000. The 12-month capital growth is 5.73%. The annual capital growth stands at 5.59%. There have been 55 house sales in 2019. The Demand to Supply Ration rates Longwarry as above average. This is a good real estate market for investors. Buyers can sometimes get away with low offers. Vendors are usually getting the property prices they asking price. Expect the capital growth to marginally stay ahead of the national average.
- 3 Bedroom house $380,000 Rent per week $340
- 3 Bedroom house $440,000 Rent per week $360
The gross rental yield is 4.39% in Longwarry. It takes 71 days on average to sell a house.
Are you going to sell your home? Do you want to know the market price for your house or unit? Our real estate agents provide free property appraisals on units, apartments, land and houses. We determine the property price based on its location to shops, schools and public transport. We also take into account recent sales history. Our appraisers will deliver a fast and accurate value of your home and what you can expect as an offer in today’s property climate.
Do you want to rent your home and need a property manager? Or, do you own an investment property and need a rental manager? Clark NextRE manages over 200 homes in Warragul, Drouin, Garfield and surrounding suburbs. Our rental appraisers will provide a free estimation on your expected weekly rent return. We will discuss with the owner the length of the lease and who they prefer renting their home. We manage the rent collection, routine inspections, maintenance and tax accounting. We have a large database of tenants wanting to rent now. View our recently leased homes in Longwarry.
Property Valuation Longwarry
Did you know there is a difference between a property valuation and an appraisal? If, for legal reasons you require a valuation then you have to engage the services of a registered valuer. This service will come with a fee. An appraisal can be performed by any licensed real estate agent.
Lifestyle in Longwarry
This quaint country town began as a railway and timber town but is now a popular residential town appealing to those who like to be near the city, but live surrounded in nature. Longwarry has a close community, the small Longwarry primary school and a friendly atmosphere. In the centre of town is a busy railway line with frequent trains that run between Melbourne and Traralgon. The main street has a host of shops and cafes, including a butcher, post office, milk bar, a boutique gift shop, and a number of great cafés offering a modern, fresh menu.
Schools in Longwarry
There is 1 school in Longwarry.
- Longwarry Primary School Co-ed