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Yarra Glen
AREA REPORTS

Yarra Glen

Yarra Glen - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3775

house
unit

Based on its average 5-year and quarterly capital gains YARRA GLEN, 3775 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that YARRA GLEN, 3775 obtained a 8.17% growth over a ten-year period. It ranks 796th on our list of suburbs that property investors should look into.

YARRA GLEN, 3775 in VIC belongs to the local government area of Yarra Ranges (S).

YARRA GLEN, 3775 has a capital gain of 21.29% for the past year, which is higher than average compared to its 71.16% growth within a five-year period.

With the median home price in YARRA GLEN sitting at $924,250, and the average rent at $435, property owners could potentially earn a 2.45% increase in gross rental yield.

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

Data report can be found below

Yarra Glen
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $924,250 $614,250
GROWTH REPORT
Median Quarterly 8.67% 0.7%
Median 12 month 21.29% N/A
Median 3 years 39.4% N/A
Median 5 years 71.16% 62.72%
10 years average annual 8.17% 7.87%
Weekly media advert. rent $435 N/A
Time on Market 20.0 days 29.0 days
Gross Rental Yield Percent 2.45% N/A
demographics (median values)*
Total Population
3861
Weekly Household Income
1543
Household Size
2.70
Age
41
Monthly Loan Repayment
1950
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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