VIC/
South yarra

Suburb Profile

South Yarra - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3141

house
unit

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

This number can mean, real estate investors could earn a rental income of $650 based on current median home prices for the suburb.

On average, rents on listings have reached the $650 mark, reflecting a 1.99% increase in returns based on the current median price in SOUTH YARRA.

SOUTH YARRA, 3141 ranks 663rd in VIC in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 545th on the list of best yielding suburbs for rental properties in VIC, posting a 1.99% return.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,701,000 $579,500
GROWTH REPORT
Median Quarterly -2.8% -0.09%
Median 12 month -4.44% -0.09%
Median 3 years 27.61% -0.09%
Median 5 years 95.52% 7.79%
10 years average annual 7.26% 2.12%
Weekly media advert. rent $650 $470
Time on Market 66.4 days 80.6 days
Gross Rental Yield Percent 1.99% 4.22%
demographics (median values)
Total Population
17996
Weekly Household Income
1225
Household Size
1.80
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Capital Gains Tax (CGT) Calculator

South Yarra, VIC
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