Suburb Profile Report for Yarrawonga VIC (3730)

Yarrawonga House: Median price $315,000, Annual capital growth 2.06%, Number of sales 181, Weekly median advertised rent $310

Yarrawonga Unit: Median price $235,000, Annual capital growth 2.36%, Number of sales 40, Weekly median advertised rent $248

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

Source: CoreLogic

  • House Report
  • Unit Report

VIC has seen average median house prices change by 9.04% which means that Yarrawonga, 3730 has done well for property investors by showing a capital gain of -1.95% over the last year

The five-year average increase in median property values for Yarrawonga,3730 has given property investors a potential capital gain of 16.24% across each of those five years.

The most recent median price for Yarrawonga is $315000, with sellers offering an average of -6.52% off the asking price.

Using the current median advertised rental of $310 and the average annual increase in value of a median property of 2.06%, investors should hope to achieve an overall return of 5.12%

Yarrawonga has had a pretty average year for property investment returns compared to the rest of VIC, giving investors a capital gain of 4.91% to date .

Taking the average capital gain, or increase in median house value, Yarrawonga,3730 has racked up an average of 4.91% over the period. This ranks it number 1054th in the whole country for real estate investors looking at median house price increases.

State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.03% offered to property buyers. Sellers in Yarrawonga itself are offering an average vendor discount of -7.25% to real estate investors.

Metrics i HOUSE UNIT
$315,000 $235,000
-1.56% 0.53%
-1.95% 4.91%
2.06% 2.36%
$310 $248
181 40
5.12% 5.48%
144.76 103.46

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 7056
Median household income ($/weekly) 808
Median age of persons 47
Median housing loan repayment ($/monthly) 1387
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 841 11.9
    35-44 years 841 11.9
    45-54 years 793 11.2
    55-64 years 976 13.8
    65-74 years 1017 14.4
    Others 2589 36.7
    Age Group
    Census Count Percent(%)
    Registered Married 2707 55.4
    Not Married 1778 36.4
    Defacto Relationship 399 8.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 5932 92.2
    Greece 22 0.3
    Papua New Guinea 42 0.7
    United Kingdom 247 3.8
    Other 32 0.5
    Others 162 2.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 23 0.4
    Christianity 4959 79.4
    Hinduism 20 0.3
    Islam 10 0.2
    No Religion 1220 19.5
    Others 13 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 267 11.1
    $400-$599 430 17.8
    $600-$799 328 13.6
    $800-$999 274 11.4
    $1,500-$1,999 247 10.2
    Others 864 35.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2575 48.6
    Employed, worked full-time 1542 29.1
    Employed, worked part-time 868 16.4
    Employed, away from work 195 3.7
    Unemployed, looking for work 121 2.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 339 13.0
    Professionals 351 13.5
    Technicians & trades workers 461 17.7
    Community & personal service workers 323 12.4
    Labourers 408 15.7
    Others 725 27.8
    Occupation
    Census Count Percent(%)
    Pre-school 102 8.4
    Infants/Primary 513 42.3
    Secondary 406 33.5
    Technical or Further Educational Institution 106 8.7
    University or other Tertiary Institutions 59 4.9
    Others 26 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5261 86.0
    Flat, unit or apartment 458 7.5
    Semi-detached, row or terrace house, townhouse 319 5.2
    Caravan, cabin, houseboat 81 1.3
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1154 44.2
    Being purchased 765 29.3
    Rented 676 25.9
    Other tenure type 17 0.7
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals