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1 MIN READACT Reports Progress Of ‘Better Suburbs’
The ACT government has delivered an update on its “Better Suburbs” plan, detailing the headway that has been made to...
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YarralumlaYarralumla - SUBURB PROFILE REPORT
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Based on its average 5-year and quarterly capital gains YARRALUMLA, 2600 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that YARRALUMLA, 2600 obtained a 7.21% growth over a ten-year period. It ranks 910th on our list of suburbs that property investors should look into.
YARRALUMLA, 2600 in ACT belongs to the local government area of Unincorporated ACT.
YARRALUMLA, 2600 has a capital gain of 29.14% for the past year, which is higher than average compared to its 42.31% growth within a five-year period.
With the median home price in YARRALUMLA sitting at $1,850,000, and the average rent at $900, property owners could potentially earn a 2.53% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in YARRALUMLA are high, as opposed to average gains per annum over the past five years.
A 29.14% increase in median property prices in YARRALUMLA, 2600 has allowed this suburb to join the ranks of best performing suburbs in ACT, settling at number 12th.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,850,000 | $782,500 |
| GROWTH REPORT | ||
| Median Quarterly | 13.15% | 4.33% |
| Median 12 month | 29.14% | -6.01% |
| Median 3 years | 29.37% | -15.86% |
| Median 5 years | 42.31% | -0.38% |
| 10 years average annual | 7.21% | 2.75% |
| Weekly media advert. rent | $900 | $510 |
| Time on Market | 88.1 days | 89.7 days |
| Gross Rental Yield Percent | 2.53% | 3.39% |
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