Suburb Profile Report for Yaroomba QLD (4573)

Yaroomba House: Median price $646,000, Annual capital growth 4.07%, Number of sales 42, Weekly median advertised rent $490

Yaroomba Unit: Median price $860,000, Annual capital growth 8.09%, Number of sales 23, Weekly median advertised rent $688

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Yaroomba, 4573 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 11.76%.

Yaroomba,4573 has offered an average of 11.76% return per annum in house price rises to property investors over the last three years.

Property investors looking for a bargain in Yaroomba should be aiming for at least -3.41% off the asking price, which is the average vendor discount being achieved at the moment.

With the median price for a house in Yaroomba being $646000 and the advertised rent reaching $490 the gross rental yield for property investors calculates out to be 3.94%

LACK OF BUYER INTEREST may well be the reason that Yaroomba is offering property investors an average of -6.15. This rate of discount on properties puts Suburb at number 155th in terms of most discounted suburbs in QLD

Metrics i HOUSE UNIT
$646,000 $860,000
2.22% -3.80%
11.76% N/A
4.07% 8.09%
$490 $688
42 23
3.94% 4.16%
45.38 115.2

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (H)
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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