The suburb’s capital gain of -2.17% for the past year is lower than average compared to its 7.14% growth within a five-year period.
Also in YARRAM, the median home price is sitting at $225,000, and the average rent at $260, this suggests property owners could potentially earn a 6.01% increase in gross rental yield.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 3.05% growth over a ten-year period. It ranks 2473rd on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-2.17%||N/A|
|Median 3 years||11.11%||N/A|
|Median 5 years||7.14%||N/A|
|10 years average annual||3.05%||N/A|
|Weekly media advert. rent||$260||N/A|
|Time on Market||142.8 days||N/A|
|Gross Rental Yield Percent||6.01%||N/A|