Suburb Profile Report for Yarram VIC (3971)

Yarram House: Median price $220,000, Annual capital growth 2.96%, Number of sales 18, Weekly median advertised rent $260

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

Source: CoreLogic

  • House Report

Yarram has had a very poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of -12.00% to date .

The five-year average increase in median property values for Yarram,3971 has given property investors a potential capital gain of 9.18% across each of those five years.

With the median price for a house in Yarram being $220000 and the advertised rent reaching $260 the gross rental yield for property investors calculates out to be 6.15%

Metrics i HOUSE UNIT
$220,000 N/A
-2.22% N/A
-12.00% N/A
2.96% N/A
$260 N/A
18 N/A
6.15% N/A
N/A N/A

Source: CoreLogic

DSR Score for property investment : Below average (H), Poor (U)
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Demographics
Total population 2168
Median household income ($/weekly) 697
Median age of persons 48
Median housing loan repayment ($/monthly) 1005
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 251 11.6
    35-44 years 215 9.9
    45-54 years 271 12.5
    55-64 years 338 15.6
    65-74 years 269 12.4
    Others 823 38.0
    Age Group
    Census Count Percent(%)
    Registered Married 747 47.7
    Not Married 646 41.3
    Defacto Relationship 172 11.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 1848 90.9
    Japan 12 0.6
    New Zealand 29 1.4
    Papua New Guinea 16 0.8
    United Kingdom 76 3.7
    Others 53 2.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 15 0.8
    Christianity 1388 70.6
    Hinduism 4 0.2
    Other Religious Groups 7 0.4
    No Religion 547 27.8
    Others 4 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 121 15.0
    $400-$599 152 18.9
    $600-$799 123 15.3
    $800-$999 71 8.8
    $1,000-$1,249 67 8.3
    Others 272 33.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 854 49.5
    Employed, worked full-time 493 28.6
    Employed, worked part-time 284 16.5
    Employed, away from work 54 3.1
    Unemployed, looking for work 40 2.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 136 16.4
    Professionals 89 10.7
    Technicians & trades workers 136 16.4
    Clerical & administrative workers 82 9.9
    Labourers 144 17.3
    Others 243 29.3
    Occupation
    Census Count Percent(%)
    Pre-school 27 7.1
    Infants/Primary 157 41.3
    Secondary 135 35.5
    Technical or Further Educational Institution 27 7.1
    University or other Tertiary Institutions 22 5.8
    Others 12 3.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1849 95.6
    Flat, unit or apartment 53 2.7
    Semi-detached, row or terrace house, townhouse 20 1.0
    Caravan, cabin, houseboat 13 0.7
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 392 46.0
    Rented 237 27.8
    Being purchased 218 25.6
    Other tenure type 6 0.7
    Tenure Type
Census 2011, ABS
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