Giving property investors a a stable capital gain of 9.87% for the last year, Yerrinbool, 2575 is the 1022th highest performer in Australia in this respect.
Over the longer term, Yerrinbool has seen property prices show investors a 45.12% return over the last 3 years. This is worse than over the last 12 months
LACK OF BUYER INTEREST may well be the reason that Yerrinbool is offering property investors an average of -5.93. This rate of discount on properties puts Suburb at number 444th in terms of most discounted suburbs in NSW
On average over the past year, suburb has had 1.92 sales per month, which equates to 23 per year.
Yerrinbool, 2575’s gross rental yield is 3.76%
Known as the first Southern Highlands town coming off the Hume Highway, you know you’ve found Yerrinbool when you find its distinctive “Welcome to the Southern Highlands” signFull summary
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Median house price: $592,500
Three-year growth: 75.8%
Rental yield: 3.7%
Known as the first Southern Highlands town coming off the Hume Highway, you know you’ve found Yerrinbool when you find its distinctive “Welcome to the Southern Highlands” sign.
Its namesake suburb is looking at considerable consistent growth, with the median house price hitting $592,500 over the past 12 months leading up to November 2017. Despite the high house values and a low average yield of just 3.7%, buyers are snagging properties within 36 days of being on the market.
Yerrinbool is also known for its fresh produce, especially the Tennessee Orchard’s apples. There is also a sports field and a skate park for recreational purposes. The presence of the Yerrinbool railway station makes commuting easy for residents, and while it is distant from the Sydney CBD, Yerrinbool is just 12km from Mittagong.Close