Property value increases in Yarrawonga have tracked just lower than the VIC average of 8.13% over the last 12 months.
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.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.99% offered to property buyers. Sellers in Yarrawonga itself are offering an average vendor discount of -6.47% to real estate investors.
Situated 221.18km from the CBD, Yarrawonga is one of Moira localities in the postcode 3730.
At number 923th in the list of Australian suburbs ordered by increase in median house value over the last year, Yarrawonga, 3730 is in the BOTTOM 50% with a property value increase of 2.67% recorded in median house prices.
Comparing Yarrawonga,3730 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
Vendor discounting in Yarrawonga is giving property investors an average Vendor Discount of around -5.80%. This puts suburb at number 100th in VIC when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Yarrawonga the average time real estate has been on the market is 160.7 days.
The VIC suburb of Yarrawonga, 3730 is in the Moira local government area.