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Yarra GlenYarra Glen - SUBURB PROFILE REPORT
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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.
| 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 |
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