Over the last year, property investments in Yarragon, 3823 have given investors a capital gain of 11.11%. This compares favourably with the 8.12% for VIC as a whole.
Property investors looking for a bargain in Yarragon should be aiming for at least -6.87% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 27 properties changed hands in Yarragon, which puts it as the 539th most active market in VIC when comparing the number of sales per suburb.
With the median price for a house in Yarragon being $300000 and the advertised rent reaching $320 the gross rental yield for property investors calculates out to be 5.55%