Yarram is in the bottom 10% in VIC when comparing median price capital growth over the last year. Yarram gave property investors a dismal capital gain figure when compared to the rest of the state, with -6.12%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Yarram has increased when compared to the 5 year average annual rate.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Yarram, 3971. Typically our figures indicate that -8.59% is being offered, which puts this VIC suburb at 617th most discounted overall in Australia.
Using the current median advertised rental of $260 and the average annual increase in value of a median property of 2.89%, investors should hope to achieve an overall return of 5.88%