QLD has seen average median house prices change by 1.88% which means that Yaroomba, 4573 has done well for property investors by showing a capital gain of 1.98% over the last year
Comparing Yaroomba,4573 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
The most recent median price for Yaroomba is $591500, with sellers offering an average of -5.08% off the asking price.
At number 1623 in a list of fastest selling suburbs, Yaroomba is just in the top half of suburbs in Australia with an average of days on market 76.27 for properties listed there.
A $455 per week rent on the median house gives suburb investors a gross yield of circa 4.00%, without taking into account capital value appreciation, which has been averaging out at 4.03%.
Our latest figures would indicate that property sellers in Yaroomba are currently offering property investors an average price cut of -5.65% below the asking price at the moment.
In the last year 21 properties changed hands in Yaroomba, which puts it as the 293th most active market in QLD when comparing the number of sales per suburb.
With the median price for a house in Yaroomba being $810000 and the advertised rent reaching $720 the gross rental yield for property investors calculates out to be 4.62%