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Yaroomba

Suburb Profile

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

house

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 11.87% for the past year.

Investors saw the median home price rise to $860,000.

Profits due to an upward trend in home prices in the suburb averaged 12.24% per annum over a 3-year period.

YAROOMBA now ranks at the 27th 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 high, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $550 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 98.6 days.

In 2016, 47 properties were sold in YAROOMBA during the past year, making it the 251st 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 $860,000 N/A
GROWTH REPORT
Median Quarterly 11.83% N/A
Median 12 month 11.87% N/A
Median 3 years 36.72% N/A
Median 5 years 56.93% N/A
10 years average annual 6.59% N/A
Weekly media advert. rent $550 N/A
Time on Market 98.6 days N/A
Gross Rental Yield Percent 3.33% N/A
demographics (median values)
Total Population
1096
Weekly Household Income
1065
Household Size
2.70
demographics
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