If you compare the increase in value of investment property in Yarraville, 3013 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 11.50%.
Taking the average capital gain, or increase in median house value, Yarraville,3013 has racked up an average of 11.50% over the period. This ranks it number 1145th in the whole country for real estate investors looking at median house price increases.
Yarraville3013 is located in VIC which offers an average discount of -6.04% to property investors. Yarraville itself is showing figures that indicate -12.23% is the average achievable by property buyers investing in the suburb.
Residents and property investors in Yarraville have been waiting around 53.18 days to sell a property.
Giving property investors a a poor capital gain of -10.05% for the last year, Yarraville, 3013 is the 1584th highest performer in Australia in this respect.
If we look at median property appreciation over just the last three months, Yarraville has given property investors a paper return of -2.78%. This puts Suburb as 289 on a list of fastest fasting appreciating suburbs in VIC
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.22% offered to property buyers. Sellers in Yarraville itself are offering an average vendor discount of -6.45% to real estate investors.
In the last year 96 properties changed hands in Yarraville, which puts it as the 93th most active market in VIC when comparing the number of sales per suburb.
Yarraville, 3013’s gross rental yield is 4.13%