At number 2409th in the list of Australian suburbs ordered by increase in median house value over the last year, Yagoona, 2199 is in the BOTTOM 50% with a property value increase of 2.40% recorded in median house prices.
Comparing Yagoona,2199 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Yagoona2199 is located in NSW which offers an average discount of -5.50% to property investors. Yagoona itself is showing figures that indicate -7.22% is the average achievable by property buyers investing in the suburb.
The NSW suburb of Yagoona, 2199 is in the Bankstown local government area.
With a capital gain of -3.85% for the last 12 months, Yagoona, 2199 has performed for property investments than its average annual 6.93% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Yagoona has given property investors a paper return of -5.21%. This puts Suburb as 519 on a list of fastest fasting appreciating suburbs in NSW
Property investors looking for a bargain in Yagoona should be aiming for at least -6.72% off the asking price, which is the average vendor discount being achieved at the moment.
A $420 per week rent on the median house gives suburb investors a gross yield of circa 4.37%, without taking into account capital value appreciation, which has been averaging out at 6.93%.