Yarrawonga, 3730 ranked 592th in VIC when comparing growth in median property values or capital gain over the last 12 months. Yarrawonga is one of 2098 in our list for VIC
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Yarrawonga has increased when compared to the 5 year average annual rate.
Vendor discounting in Yarrawonga is giving property investors an average Vendor Discount of around -6.01%. This puts suburb at number 193th in VIC when ranking the most discounted suburbs.
With the median price for a house in Yarrawonga being $315750 and the advertised rent reaching $310 the gross rental yield for property investors calculates out to be 5.11%
Over the last year, property investments in Yarrawonga, 3730 have given investors a capital gain of 0.65%. This compares badly with the 4.79% for VIC as a whole.
When looking at the potential capital gains offered to property investors over the last 3 years, Yarrawonga comes in at number 183th in VIC.
Our latest figures would indicate that property sellers in Yarrawonga are currently offering property investors an average price cut of -6.63% below the asking price at the moment.
Renters in Suburb are facing rents around $3000 per annum or $250 every week.