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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 $451,000.

The upward trend in home prices in YARRAWONGA, 3730 averaged 12.68% per annum over a 3-year period.

Average weekly rents on listings have reached the $350 mark, reflecting a 4.04% increase in returns based on the current median price in YARRAWONGA.

An average of 12.92 real estate transactions take place per month in YARRAWONGA which translates to 155 per annum.

155 properties were sold in YARRAWONGA in 2016, making it the 567th most active market in VIC based on total real estate transactions.

YARRAWONGA, 3730 places 153rd 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 $451,000 $266,000
GROWTH REPORT
Median Quarterly 5.01% -1.48%
Median 12 month 20.27% -5%
Median 3 years 38.03% 9.92%
Median 5 years 50.33% 15.65%
10 years average annual 4.61% 3.87%
Weekly media advert. rent $350 $267.5
Time on Market 124.3 days 100.2 days
Gross Rental Yield Percent 4.04% 5.23%
demographics (median values)
Total Population
6108
Weekly Household Income
707.3
Household Size
2.40
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