Yallourn North

POSTAL CODE: VIC, 3825

HOUSE

A steady increase in median property prices over a five-year period in the suburb translates to a 16.92% capital gain.

Property investors in YALLOURN NORTH enjoyed capital gains of 8.57% over the last 12 months translating to higher returns compared with its peers in the territory.

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 $380,000.

Profits due to an upward trend in home prices there averaged 5.64% per annum over a 3-year period.

Home owners selling their properties and realtors in YALLOURN NORTH usually have to wait an average of 57.3 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the N/A mark, reflecting a N/A increase in returns based on the current median price in YALLOURN NORTH.

YALLOURN NORTH, 3825 places 142nd in Australia based on median property value growth during the quarter.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$380,000	N/A
Growth Report
Median Quarterly	2.84%	N/A
Median 12 month	8.57%	N/A
Median 3 years	16.92%	N/A
Median 5 years	60.85%	N/A
10 years average annual	11.22%	N/A
Weekly media advert. rent	N/A	N/A
Time on Market	57.3 days	N/A
Gross Rental Yield Percent	0%	N/A

Demographics (Median Values)*

Total Population 20281

Weekly Household Income 910

Household Size 2.20

Average Age 44

Monthly Loan Repayment 1083

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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