VIC has seen average median house prices change by 8.12% which means that Yarram, 3971 has done well for property investors by showing a capital gain of -9.20% over the last year
Over the longer term, Yarram has seen property prices show investors a 19.47% return over the last 3 years. This is worse than over the last 12 months
Property investors looking for a bargain in Yarram should be aiming for at least -9.24% off the asking price, which is the average vendor discount being achieved at the moment.
A $260 per week rent on the median house gives suburb investors a gross yield of circa 5.96%, without taking into account capital value appreciation, which has been averaging out at 3.02%.