Suburb Profile Report for Yarralumla ACT (2600)

Yarralumla House: Median price $1,550,000, Annual capital growth 7.49%, Number of sales 45, Weekly median advertised rent $750

Yarralumla Unit: Median price $870,000, Annual capital growth 4.34%, Number of sales 24, Weekly median advertised rent $488

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Property investors who have had real estate in Yarralumla, 2600 should be pleased with this ACT suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 23.51%

Taking the average capital gain, or increase in median house value, Yarralumla,2600 has racked up an average of 23.51% over the period. This ranks it number 417th in the whole country for real estate investors looking at median house price increases.

In the last year 45 properties changed hands in Yarralumla, which puts it as the 38th most active market in ACT when comparing the number of sales per suburb.

At number 236th in the list of Australian suburbs ordered by increase in median house value over the last year, Yarralumla, 2600 is in the top 20% with a property value increase of 16.31% recorded in median house prices.

At number 2nd of ACT’s most discounted properties, Yarralumla is in the bottom 10% of the state/territory when listing in order of most discounted to least.

At number 770 in a list of fastest selling suburbs, Yarralumla is just in the bottom half of suburbs in Australia with an average of days on market 76.5 for properties listed there.

Yarralumla is 67th on a list of best yielding suburbs for rents in ACT with a 2.91% return

YIP MAG Information supplied by:

YIP MAG
July 2015

M
O

W
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Located just 4km from the Canberra CBD, Yarralumla is a beautiful suburb that is considered to be the most desirable place to live, thanks to its proximity to Lake Burley Griffin and many excellent cafés.Full summary Located just 4km from the Canberra CBD, Yarralumla is a beautiful suburb that is considered to be the most desirable place to live, thanks to its proximity to Lake Burley Griffin and many excellent cafés.

Its tree-lined streets are particularly breath-taking during autumn, when the leaves change their colour.

The neighbourhood is quiet and there are plenty of green spaces, making it attractive to families.

While houses in the suburb continue to skyrocket, units have fallen behind.

During the past 12 months, median unit values dropped by 5.8% to $774,000.

While the overall outlook for the unit market in Canberra remains subdued, it’s worth watching this suburb for buying opportunities.

Stick with properties along Maxwell Street, which is surrounded by greenery and only a short distance from the Parliament House.

Other desirable streets include Abbott Street, Hopetoun Circuit Exit.
 Close
Metrics i HOUSE UNIT
$1,550,000 $870,000
0.00% N/A
23.51% 16.31%
7.49% 4.34%
$750 $488
45 24
2.52% 2.91%
39.15 76.5

Source: CoreLogic

DSR Score for property investment : Balanced (H), Below average (U)
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Demographics
Total population 2921
Median household income ($/weekly) 2580
Median age of persons 47
Median housing loan repayment ($/monthly) 2442
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 323 11.1
    35-44 years 319 10.9
    45-54 years 451 15.5
    55-64 years 528 18.1
    65-74 years 305 10.4
    Others 993 34.0
    Age Group
    Census Count Percent(%)
    Registered Married 1215 54.0
    Not Married 879 39.0
    Defacto Relationship 157 7.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 2110 75.0
    Indonesia 41 1.5
    Papua New Guinea 48 1.7
    United Kingdom 227 8.1
    Other 108 3.8
    Others 279 9.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 36 1.3
    Christianity 1646 61.0
    Hinduism 25 0.9
    Islam 32 1.2
    No Religion 929 34.4
    Others 29 1.1
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 111 10.8
    $2,000-$2,499 78 7.6
    $2,500-$2,999 166 16.1
    $3,000-$3,499 104 10.1
    $4,000 or more 193 18.7
    Others 378 36.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 940 39.1
    Not in the labour force 849 35.3
    Employed, worked part-time 479 19.9
    Employed, away from work 84 3.5
    Unemployed, looking for work 51 2.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 308 20.4
    Professionals 622 41.3
    Technicians & trades workers 87 5.8
    Community & personal service workers 100 6.6
    Clerical & administrative workers 212 14.1
    Others 178 11.8
    Occupation
    Census Count Percent(%)
    Pre-school 38 5.3
    Infants/Primary 209 29.2
    Secondary 196 27.4
    Technical or Further Educational Institution 39 5.4
    University or other Tertiary Institutions 212 29.6
    Others 22 3.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2150 78.9
    Semi-detached, row or terrace house, townhouse 534 19.6
    Flat, unit or apartment 42 1.5
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 526 46.8
    Rented 305 27.1
    Being purchased 284 25.3
    Other tenure type 9 0.8
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals