Property Market Outlook Wyndham City, VIC

Wyndham City is located in the outer south-western suburbs of Melbourne and is one of the fastest growing areas in Victoria.

Compared to the national average, there is greater buyer demand for houses in Wyndham City compared to units.

Across Wyndham City, the greatest demand is for three and four bedroom houses, with two and three bedroom units making up only a small portion of the demand profile in the area. There is also some small demand for three bedroom semi-detached housing.

Four bedroom homes makeup the largest demand sector of the market in Wyndham City.

As of Q2 2020 the rental gross yield for houses and units is 3.66% and 4.55% respectively, with (gross) yields on houses rising by 1.22%…