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 1.13% for the past year.
Investors saw the median home price rise to $670,000.
Profits due to an upward trend in home prices in the suburb averaged 5.51% per annum over a 3-year period.
Because of this real estate investors could earn a rental income of $485 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 107.0 days.
In 2016, 28 properties were sold in YAROOMBA during the past year, making it the 415th most active market in QLD based on total real estate transactions.
YAROOMBA ranks 191st in QLD when it comes to estimated capital gains experienced by property investors over the past three years.
With the median home price in YAROOMBA sitting at $882,500, and the average rent at $680, property owners could potentially earn a 4.01% increase in gross rental yield.
Property investors have seen a 3.52% gain in YAROOMBA based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that YAROOMBA, 4573 obtained a 16.25% growth over a ten-year period. It ranks 1203rd on our list of suburbs that property investors should look into.