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Yarrawonga
AREA REPORTS

Yarrawonga

Yarrawonga - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3730

house
unit

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $558,500.

The upward trend in home prices in YARRAWONGA, 3730 averaged 19.86% per annum over a 3-year period.

Average weekly rents on listings have reached the $415 mark, reflecting a 3.86% increase in returns based on the current median price in YARRAWONGA.

An average of 15.08 real estate transactions take place per month in YARRAWONGA which translates to 181 per annum.

181 properties were sold in YARRAWONGA in 2016, making it the 528th most active market in VIC based on total real estate transactions.

YARRAWONGA, 3730 places 71st in Australia based on median property value growth during the quarter.

Data report can be found below

Yarrawonga
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $558,500 $327,500
GROWTH REPORT
Median Quarterly 9.51% 2.34%
Median 12 month 16.35% 18.02%
Median 3 years 59.57% 37.03%
Median 5 years 74.53% 41.16%
10 years average annual 7.91% 3.9%
Weekly media advert. rent $415 $300
Time on Market 58.3 days 75.2 days
Gross Rental Yield Percent 3.86% 4.76%
demographics (median values)*
Total Population
8833
Weekly Household Income
994
Household Size
2.30
Age
49
Monthly Loan Repayment
1387
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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