AREA REPORTS

Yarrawonga

VIC/
Yarrawonga

Suburb Profile

Yarrawonga - FREE 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 $340,000.

The upward trend in home prices in YARRAWONGA, 3730 averaged 5.08% per annum over a 3-year period.

Average weekly rents on listings have reached the $310 mark, reflecting a 4.74% increase in returns based on the current median price in YARRAWONGA.

An average of 16.58 real estate transactions take place per month in YARRAWONGA which translates to 199 per annum.

199 properties were sold in YARRAWONGA in 2016, making it the 475th most active market in VIC based on total real estate transactions.

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

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $340,000 $230,000
GROWTH REPORT
Median Quarterly 0% 2.22%
Median 12 month 4.78% -0.33%
Median 3 years 15.25% 1.32%
Median 5 years 19.3% -2.54%
10 years average annual 2.28% 0.57%
Weekly media advert. rent $310 $255
Time on Market 117.4 days 82.4 days
Gross Rental Yield Percent 4.74% 5.77%
demographics (median values)
Total Population
6108
Weekly Household Income
707.3
Household Size
2.40
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

Suburbs

Competition from FHBs not expected until late 2019

First-home buyers are expected to return to the market by the end of 2019, meaning property investors could have less-than-expected competit...

Suburbs

The worst performing suburbs of 2018 revealed

New data has revealed the suburbs that experienced the highest negative growth over 2018. ...

Tax reform gear

‘Train wreck’ tax changes for property raised with PM

The Liberal government organised a roundtable with many of Australia’s top property experts to discuss what changes to negative gearing an...

An energy efficient lightbulb

How to add efficiency to your property investment

Property investor Matthew Preston said that being an efficient investor is all about taking small, manageable steps to meet your goals. He s...

Aerial shot of a suburb

‘Prop tech’ to play bigger role in property market this 2019

Based on the current trends in the real estate market, Real Estate Business’ Tim Neary believes that technology in property, or ‘prop te...

Apartment building

‘Great buying opportunities’ for careful investors looking at new-builds

Situations like Sydney’s Opal Tower fiasco have buyers cautious of the new-build market, but there are bargains to be had for those who ar...