Gannawarra Shire, VIC

The Shire of Gannawarra is a local government area in northern Victoria, Australia. Cohuna, Kerang, Koondrook, Leitchville, and Quambatook are all included in one municipality. It was created in 1995 when the Borough of Kerang and the majority of the Shires of Kerang and Cohuna merged.

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The Gannawarra Shire Council governs and administers the Shire; the council’s seat of local government and administrative hub is situated at the council’s offices in Kerang; the council also has a service centre in Cohuna. Gannawarra Shire is named after a tiny village located between Cohuna and Koondrook.
The Murray River forms the shire’s northern border. The shire is traversed by the Loddon River, which empties into the Murray. The Gunbower State Forest is an important supplier of River Red Gum timber, providing raw material for a historic sawmill at Koondrook. Gunbower Island is the area’s largest inland island. It is located between the Murray River and Gunbower Creek, a Murray anabranch.

In Gannawarra, 95.8 % of occupied private residences are detached houses, 0.2 % are semi-detached, row or terrace houses, townhouses, or other buildings, 2.6 % are flats or apartments, and 1.1 % are other dwellings.

In Gannawarra, the typical weekly personal income for persons aged 15 years and older is $498.

In Gannawarra, 95.8 % of occupied private residences are detached houses, 0.2 % are semi-detached, row or terrace houses, townhouses, or other buildings, 2.6 % are flats or apartments, and 1.1 % are other dwellings.

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Capital Growth Heatmap

Property Market Snapshot

This page provides an overview of the LGA real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this council area. You are able to drill down to suburb-level data and charts which visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy

2BR

3BR

4BR

5BR

Typical Price for houses in this council area. Percent changes indicate Year on Year growth or decline in house values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent

2BR

3BR

4BR

5BR

Median Weekly Rent for houses in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield

2BR

3BR

4BR

5BR

Yearly Gross Yield for houses in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for houses.

Buy

1BR

2BR

3BR

Typical Price for units in this council area. Percent changes indicate Year on Year growth or decline in unit values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent

1BR

2BR

3BR

Median Weekly Rent for units in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield

1BR

2BR

3BR

Yearly Gross Yield for units in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for units.

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Upgrade to Personal Plan to see Yield data.
Upgrade to Starter Plan to see Demand Profile data.
Upgrade to Professional Plan to see Buy & Rent Search Index data.

How to use this Dashboard

This interactive dashboard illustrates the trends for key real estate metrics in the area. Use these metrics to determine potential return on investment from this property market and its’ sub-markets.

Upgrade to Personal Plan to unlock the trend forecast section on the Price, Rent & Yield graphs.

Get the Professional Subscription to see trends for advanced metrics such as Buy & Rent Search Index that indicate real estate demand and supply in this LGA.

Upgrade to Professional Plan to see Growth Rate Cycle data.

Property Market in Gannawarra Shire, VIC

What other property markets are there near Gannawarra Shire, VIC?

Gannawarra Shire is surrounded by 3 other council areas – Loddon, Campaspe, Buloke.

Suburbs/localities in this Local Government Area: Gonn Crossing 3579, Keely 3568, Kerang 3579, Kerang East 3579, Koondrook 3580, Koroop 3579, Lake Charm 3581, Lake Meran 3579, Lalbert 3542, Macorna North 3568, Mcmillans 3568, Mead 3568, Meatian 3585, Milnes Bridge 3579, Mincha West 3568, Murrabit 3579, Murrabit West 3579, Mystic Park 3579, Ninyeunook 3527, Normanville 3579, Oakvale 3540, Pine View 3579, Benjeroop 3579, Quambatook 3540, Reedy Lake 3579, Sandhill Lake 3579, Teal Point 3579, Tragowel 3579, Wandella 3579, Wee Wee Rup 3568, Westby 3579, Myall 3579, Budgerum East 3579, Burkes Bridge 3568, Cannie 3540, Capels Crossing 3579, Appin 3579, Cohuna 3568, Cullen 3568, Daltons Bridge 3568, Dingwall 3579, Fairley 3579, Gannawarra 3568, Bael Bael 3579

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