Suburb Profile Report for Yarragon VIC (3823)

Yarragon House: Median price $317,500, Annual capital growth 6.34%, Number of sales 24, Weekly median advertised rent $320

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

Source: CoreLogic

  • House Report

Yarragon is in the TOP 30% in VIC when comparing median price capital growth over the last year. Yarragon gave property investors a good capital gain figure when compared to the rest of the state, with 14.62%.

Comparing Yarragon,3823 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Yarragon, 3823 is offering VIC ‘s 187th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this VIC.

On average over the past year, suburb has had 2.00 sales per month, which equates to 24 per year.

A $320 per week rent on the median house gives suburb investors a gross yield of circa 5.24%, without taking into account capital value appreciation, which has been averaging out at 6.34%.

Metrics i HOUSE UNIT
$317,500 N/A
0.79% N/A
14.62% N/A
6.34% N/A
$320 N/A
24 N/A
5.24% N/A
106.08 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 1525
Median household income ($/weekly) 1042
Median age of persons 40
Median housing loan repayment ($/monthly) 1300
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 191 12.5
    25-34 years 160 10.5
    35-44 years 193 12.7
    45-54 years 217 14.2
    55-64 years 231 15.1
    Others 533 35.0
    Age Group
    Census Count Percent(%)
    Registered Married 583 52.1
    Not Married 414 37.0
    Defacto Relationship 121 10.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 1269 88.2
    New Zealand 19 1.3
    Papua New Guinea 19 1.3
    United Kingdom 63 4.4
    Other 16 1.1
    Others 52 3.6
    Country of Birth
    Census Count Percent(%)
    Christianity 983 71.5
    No Religion 378 27.5
    Buddhism 10 0.7
    Hinduism 3 0.2
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 60 12.0
    $600-$799 60 12.0
    $800-$999 42 8.4
    $1,250-$1,499 46 9.2
    $1,500-$1,999 64 12.8
    Others 229 45.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 428 36.2
    Not in the labour force 419 35.5
    Employed, worked part-time 243 20.6
    Employed, away from work 58 4.9
    Unemployed, looking for work 33 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 134 18.5
    Professionals 104 14.4
    Technicians & trades workers 123 17.0
    Clerical & administrative workers 78 10.8
    Labourers 83 11.5
    Others 202 27.9
    Occupation
    Census Count Percent(%)
    Pre-school 21 6.5
    Infants/Primary 121 37.5
    Secondary 108 33.4
    Technical or Further Educational Institution 42 13.0
    University or other Tertiary Institutions 21 6.5
    Others 10 3.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1401 99.2
    Semi-detached, row or terrace house, townhouse 12 0.8
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 232 41.9
    Being purchased 232 41.9
    Rented 90 16.2
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals