Yarragon is in the bottom 10% in VIC when comparing median price capital growth over the last year. Yarragon gave property investors a dismal capital gain figure when compared to the rest of the state, with -9.68%.
If we look at median property appreciation over just the last three months, Yarragon has given property investors a paper return of -13.18%. This puts Suburb as 688 on a list of fastest fasting appreciating suburbs in VIC
Property investors looking for a bargain in Yarragon should be aiming for at least -8.22% off the asking price, which is the average vendor discount being achieved at the moment.
A $330 per week rent on the median house gives suburb investors a gross yield of circa 6.13%, without taking into account capital value appreciation, which has been averaging out at 3.88%.