Yarra Glen

POSTAL CODE: VIC, 3775

HOUSE

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 6.49% growth over a ten-year period. It ranks 2343rd 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.

YARRA GLEN, 3775 has a capital gain of 9.2% for the past year, which is higher than average compared to its 24.67% growth within a five-year period.

With the median home price in YARRA GLEN sitting at $950,000, and the average rent at $650, property owners could potentially earn a 3.56% 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.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$950,000	N/A
Growth Report
Median Quarterly	2.15%	N/A
Median 12 month	9.2%	N/A
Median 3 years	15.85%	N/A
Median 5 years	24.67%	N/A
10 years average annual	6.49%	N/A
Weekly media advert. rent	$650	N/A
Time on Market	58 days	N/A
Gross Rental Yield Percent	3.56%	N/A

Demographics (Median Values)*

Total Population 3861

Weekly Household Income 1543

Household Size 2.70

Average 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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