If you compare the increase in value of investment property in Yarralumla, 2600 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this ACT suburb was 26.15%.
The five-year average increase in median property values for Yarralumla,2600 has given property investors a potential capital gain of 60.81% across each of those five years.
At number 288 in a list of fastest selling suburbs, Yarralumla is in the TOP 10% of suburbs in Australia with an average of days on market 39.71 for properties listed there.
Yarralumla, 2600’s gross rental yield is 2.47%
Yarralumla is in the TOP 10% in ACT when comparing median price capital growth over the last year. Yarralumla gave property investors a very good capital gain figure when compared to the rest of the state, with 33.85%.
Over the longer term, Yarralumla has seen property prices show investors a 5.78% return over the last 3 years. This is an improvement over the last 12 months
Our latest figures would indicate that property sellers in Yarralumla are currently offering property investors an average price cut of -6.20% below the asking price at the moment.
Often selling an investment property can take time, and in Yarralumla the average time real estate has been on the market is 68.72 days.
With the median price for a house in Yarralumla being $870000 and the advertised rent reaching $495 the gross rental yield for property investors calculates out to be 2.96%