Suburb Profile Report for Yaroomba QLD (4573)

Yaroomba House: Median price $591,500, Annual capital growth 4.03%, Number of sales 32, Weekly median advertised rent $455

Yaroomba Unit: Median price $810,000, Annual capital growth 10.58%, Number of sales 21, Weekly median advertised rent $720

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

Source: CoreLogic

  • House Report
  • Unit Report

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%

HOUSE UNIT
$591,500 $810,000
2.34% 27.06%
1.98% N/A
4.03% 10.58%
$455 $720
32 21
4.00% 4.62%
76.27 176

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 1273
Median household income ($/weekly) 1279
Median age of persons 35
Median housing loan repayment ($/monthly) 1733
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 198 15.6
    25-34 years 166 13.0
    35-44 years 255 20.0
    45-54 years 185 14.5
    55-64 years 136 10.7
    Others 333 26.2
    Age Group
    Census Count Percent(%)
    Registered Married 462 52.1
    Not Married 325 36.7
    Defacto Relationship 99 11.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 1006 81.8
    Papua New Guinea 55 4.5
    South Africa 12 1.0
    United Kingdom 87 7.1
    Other 20 1.6
    Others 50 4.1
    Country of Birth
    Census Count Percent(%)
    Christianity 665 58.4
    No Religion 433 38.0
    Buddhism 23 2.0
    Other Religious Groups 11 1.0
    Judaism 6 0.5
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 50 12.3
    $1,000-$1,249 46 11.3
    $1,250-$1,499 43 10.6
    $1,500-$1,999 60 14.7
    $2,000-$2,499 40 9.8
    Others 168 41.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 373 40.2
    Not in the labour force 236 25.4
    Employed, worked part-time 230 24.8
    Unemployed, looking for work 50 5.4
    Employed, away from work 40 4.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 86 13.5
    Professionals 154 24.1
    Technicians & trades workers 110 17.2
    Community & personal service workers 71 11.1
    Clerical & administrative workers 81 12.7
    Others 137 21.4
    Occupation
    Census Count Percent(%)
    Pre-school 21 6.5
    Infants/Primary 140 43.6
    Secondary 84 26.2
    Technical or Further Educational Institution 23 7.2
    University or other Tertiary Institutions 45 14.0
    Others 8 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1171 96.4
    Semi-detached, row or terrace house, townhouse 44 3.6
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 200 44.5
    Rented 145 32.3
    Fully owned 104 23.2
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals