VIC has seen average median house prices change by 8.06% which means that Yarraville, 3013 has done well for property investors by showing a capital gain of 11.86% over the last year
If we look at median property appreciation over just the last three months, Yarraville has given property investors a paper return of 4.10%. This puts Suburb as 191 on a list of fastest fasting appreciating suburbs in VIC
Our latest figures would indicate that property sellers in Yarraville are currently offering property investors an average price cut of -22.74% below the asking price at the moment.
Often selling an investment property can take time, and in Yarraville the average time real estate has been on the market is 61.31 days.
Advertised rents are around the $480 mark per week – giving a return of 2.77% based on the median price in Suburb
VIC has seen average median house prices change by 3.11% which means that Yarraville, 3013 has done well for property investors by showing a capital gain of -13.18% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Yarraville has increased when compared to the 5 year average annual rate.
Vendor discounting in Yarraville is giving property investors an average Vendor Discount of around -5.02%. This puts suburb at number 146th in VIC when ranking the most discounted suburbs.
In the last year 86 properties changed hands in Yarraville, which puts it as the 100th most active market in VIC when comparing the number of sales per suburb.
Yarraville is 193th on a list of best yielding suburbs for rents in VIC with a 4.14% return