Suburb Profile Report for Yaroomba QLD (4573)

Yaroomba House: Median price $631,000, Annual capital growth 3.60%, Number of sales 44, Weekly median advertised rent $500

Yaroomba Unit: Median price $862,500, Annual capital growth 6.30%, Number of sales 25, Weekly median advertised rent $750

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Giving property investors a an average capital gain of 8.05% for the last year, Yaroomba, 4573 is the 1863th highest performer in Australia in this respect.

Yaroomba,4573 has offered an average of 8.05% return per annum in house price rises to property investors over the last three years.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Yaroomba, 4573. Typically our figures indicate that -5.87% is being offered, which puts this QLD suburb at 1666th most discounted overall in Australia.

Using the current median advertised rental of $500 and the average annual increase in value of a median property of 3.60%, investors should hope to achieve an overall return of 4.12%

Over the last year, property investments in Yaroomba, 4573 have given investors a capital gain of 32.69%. This compares very favourably with the 0.29% for QLD as a whole.

Property buyers and investors in Yaroomba 4573 should be seeing an average reduction in asking price of around -5.29% . This means that Yaroomba is holding prices well when compared to other suburbs in QLD.

Yaroomba, 4573’s gross rental yield is 4.52%

Information supplied by:


June 2017

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Known for being the site of an old shipwreck, Yaroomba has been reaping the benefits of being part of the successful Sunshine Coast.Full summary

Surf’s up for Sunshine Coast suburb
Median house price: $629,000
Three-year growth: 22.14%
Rental yield: 3.89%

Known for being the site of an old shipwreck, Yaroomba has been reaping the benefits of being part of the successful Sunshine Coast.

The suburb has reported positive growth for the past five years, although the increase hasn’t always been significant. In the previous year, Yaroomba house prices rose by over 14%, bringing the median value to just under $630,000. 

The suburb’s name, which translates to “surf on the beach,” highlights one of Yaroomba residents’ favourite activities. There are shops, restaurants and cafes in town as well. Kindergarten and high schools are less than 10 minutes away in nearby Coolum Beach, along with a supermarket, shopping centre and medical centre.

Buses to Maroochydore Station can be caught at the David Low Way stop. 

Close
Metrics i HOUSE UNIT
$631,000 $862,500
-0.16% 10.58%
8.05% 32.69%
3.60% 6.30%
$500 $750
44 25
4.12% 4.52%
63.87 82.87

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
Find a mortgage broker in Yaroomba QLD
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