Over the last year, property investments in Yarraville, 3013 have given investors a capital gain of 12.41%. This compares favourably with the 7.68% for VIC as a whole.
Yarraville,3013 was ranked 879 in Australia by increase in median property value over the quarter.
Yarraville, 3013 is offering VIC ‘s 9th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 10% of discounts offered by this VIC.
Renters in Suburb are facing rents around $5880 per annum or $490 every week.
Yarraville, 3013 ranked 348th in VIC when comparing growth in median property values or capital gain over the last 12 months. Yarraville is one of 2098 in our list for VIC
Over the longer term, Yarraville has seen property prices show investors a 12.41% return over the last 3 years. This is worse than over the last 12 months
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.14% offered to property buyers. Sellers in Yarraville itself are offering an average vendor discount of -5.04% to real estate investors.
With the median price for a house in Yarraville being $480000 and the advertised rent reaching $375 the gross rental yield for property investors calculates out to be 4.06%