Over the last year, property investments in Yarralumla, 2600 have given investors a capital gain of 23.52%. This compares very favourably with the 5.15% for ACT as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Yarralumla has increased when compared to the 5 year average annual rate.
With the median price for a house in Yarralumla being $1473000 and the advertised rent reaching $750 the gross rental yield for property investors calculates out to be 2.65%
ACT has seen average median house prices change by -0.94% which means that Yarralumla, 2600 has not done well for property investors by showing a capital gain of 10.07% over the last year
Yarralumla,2600 was ranked 103 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Yarralumla is offering property investors an average of -4.08. This rate of discount on properties puts Suburb at number 17th in terms of most discounted suburbs in ACT
On average over the past year, suburb has had 2.42 sales per month, which equates to 29 per year.
Property investors should expect to get $480 weekly from the median priced house in this suburb.