Property investors who have had real estate in Yarrawonga, 3730 should be relatively unhappy with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -1.56%
Across a shorter period, Yarrawonga, 3730 has seen a median price increase of -1.56% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Yarrawonga is offering property investors an average of -5.87. This rate of discount on properties puts Suburb at number 186th in terms of most discounted suburbs in VIC
With the median price for a house in Yarrawonga being $315000 and the advertised rent reaching $310 the gross rental yield for property investors calculates out to be 5.12%
At number 579th in the list of Australian suburbs ordered by increase in median house value over the last year, Yarrawonga, 3730 is in the top 40% with a property value increase of 6.82% recorded in median house prices.
The five-year average increase in median property values for Yarrawonga,3730 has given property investors a potential capital gain of -4.08% across each of those five years.
At number 43th of VIC’s most discounted properties, Yarrawonga is in the bottom 20% of the state/territory when listing in order of most discounted to least.