AREA REPORTS

Yaroomba

Suburb Profile

Yaroomba - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4573

house
unit

YAROOMBA, 4573 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in QLD have risen as a whole, pulling YAROOMBA, 4573 values up and netting property investors a capital gain of 17.5% for the past year.

Investors saw the median home price rise to $732,000.

Profits due to an upward trend in home prices in the suburb averaged 8.74% per annum over a 3-year period.

YAROOMBA now ranks at the 52nd place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in YAROOMBA are low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $500 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In YAROOMBA, homes and units usually stay on listing for an average of 96.4 days.

In 2016, 33 properties were sold in YAROOMBA during the past year, making it the 368th most active market in QLD based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $732,000 $870,000
GROWTH REPORT
Median Quarterly 8.44% -1.42%
Median 12 month 17.5% 0.58%
Median 3 years 26.21% 112.2%
Median 5 years 57.42% N/A
10 years average annual 2.47% 14.39%
Weekly media advert. rent $500 $695
Time on Market 96.4 days 89.7 days
Gross Rental Yield Percent 3.55% 4.15%
demographics (median values)
Total Population
1096
Weekly Household Income
1065
Household Size
2.70
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

House and coins

House prices see largest price drop for last 7 years

A property institute has claimed house prices have seen their largest drop since December 2011, giving buyers the opportunity to add to thei...

Crowd of people

Population growth challenge needs to combat skill shortages, says property expert

Following the NSW Premier’s plans to continue to address population growth, a property expert has stressed the importance for any proposal...

Sydney Australia

Sydney in top 6 cities for ultra-prime property sales

A new ranking has placed Sydney in sixth place for the highest number of property sales worth more than US$25 million. ...

House for sale sold

No property agent? No worries!

Selling your own home is about confidence. Here’s how to do it without a real estate agent to hold your hand. ...

Hedonic index and other data vital to property investment

Experts and seasoned investors have always highlighted the importance of research before diving into the property game, but what factors are...

$850 yearly savings won with small mortgage changes, ACCC finds

A report by the ACCC has found that the pricing of residential mortgages by the major banks is too opaque, making it too time consuming for ...