Nowa Nowa, VIC 3887

The median house price in Nowa Nowa, VIC 3887 is $370k as of June 2026, based on a very small number of recent sales. Houses there have moved +50.0% year-on-year. Prices vary by bedroom count, from compact two-bedroom homes to larger four-bedroom houses. See the bedroom-level breakdown below for 2-, 3- and 4-bedroom medians.

The median weekly house rent in Nowa Nowa is $173 as of June 2026. Current vacancy pressure is shown in the supply section above.

Gross rental yield in Nowa Nowa is 2.23% for houses as of June 2026, compared with the VIC unit median of 4.15%. Gross yield is annual rent divided by purchase price — it doesn't account for ownership costs like council rates, strata, maintenance or vacancy.

Nowa Nowa's property market trends to June 2026: house prices rose +50.0% year-on-year; homes now sell in a median 119 days — faster than a year ago by 75; sales supply sits at 7.1 months (saturated). Read together — price, rent, selling speed and supply — they show which way the Nowa Nowa market is leaning. The 5-year tape and demand cycle charts above plot the full trajectory.

As of June 2026 in Nowa Nowa, house prices rose +50.0% over the year, gross rental yield is 2.23% against a VIC median of 3.21%, houses take a median 119 days to sell, sales supply is 7.1 months (saturated). Capital growth, rental yield, selling speed and supply are the signals investors weigh — but these figures describe the market, not a recommendation. This is data, not financial advice; always do your own research and consider a licensed adviser.

Houses in Nowa Nowa sell in a median 119 days on market as of June 2026. Days on market have tightened by 75 days versus a year ago. Faster clearance typically coincides with stronger buyer demand and lower supply.

Nowa Nowa's sales market sits at 7.1 months of supply for houses as of June 2026 — classified as Saturated (extreme oversupply) against the Australian distribution. Under 1.7 months is Severe (extreme shortage); over 4.5 months is Loose.

House prices in Nowa Nowa moved +50.0% over the 12 months to June 2026. The 5-year tape above plots the full monthly trajectory — showing where the market changed character rather than just crossing round numbers.

Nowa Nowa's median house price ($370k) is 15% below the VIC median ($438k) as of June 2026. On selling speed, houses clear in 119 days vs 23 days state median. On gross yield, Nowa Nowa sits at 2.23% vs 3.21% state median.

The most-transacted segment in Nowa Nowa over the 12 months to June 2026 is 2 bed houses with 2 sales. 3 bed houses come second at 2 sales. The buying-versus-renting section above breaks down the top segments with weekly mortgage, rent and ownership-cost detail.

Nowa Nowa recorded 2 house sales and 0 unit sales over the 12 months to June 2026 — a combined 2 transactions. On the rental side, 1 house and 0 units were leased. Segments with statistically thin samples are excluded from displayed figures.

Nowa Nowa is in postcode 3887, in the Gippsland region of VIC. Addresses there are written as Nowa Nowa, VIC 3887.

Nowa Nowa, VIC 3887 is home to 178 residents (ABS Census 2021). The median resident age is 31, and the average household holds 1.6 people. The "Who lives here" section above breaks the community down by age, life stage and tenure.

The median household in Nowa Nowa earns $817 per week — roughly $43k a year (ABS Census 2021). Median personal income runs $432/week. Income, rent-to-income and mortgage-to-income context sits in the "Who lives here" section above.

The unemployment rate in Nowa Nowa is 50.0% (ABS Census 2021). The rate counts people who are working or actively looking for work — not a share of all residents. Workforce participation sits at 50%. The local economy section above covers incomes, employment status and the occupation mix.

Nowa Nowa is mostly owner-occupied: about 100% of households are owner-occupiers and 50% rent (ABS Census 2021). Of owners, 50% own outright and 50% are paying off a mortgage.

Nowa Nowa has 7 schools within reach — including Bruthen Primary School, Tambo Upper Primary School, Toorloo Arm Primary School. The Schools section above maps each one with sector, year range, enrolment, Micromarkets-compiled academic ratings and ICSEA (ACARA).

Nowa Nowa, VIC 3887 has a population of 178, a median age of 31, a median household income around $817/week, 50% of households renting (ABS Census 2021). There are 7 schools within reach. Whether it's the right fit depends on your priorities — these figures describe the community, housing mix and amenity rather than offer a verdict.

This Nowa Nowa market data was last updated July 2026, covering the 12 months to June 2026. Figures are computed monthly from 12-month rolling windows of recorded sales and leases, with five years of monthly history behind the trend charts. Methodology, glossary and data sources are linked in the footer.