At number 990th in the list of Australian suburbs ordered by increase in median house value over the last year, Yerrinbool, 2575 is in the top 30% with a property value increase of 11.30% recorded in median house prices.
Comparing Yerrinbool,2575 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
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 Yerrinbool, 2575. Typically our figures indicate that -5.53% is being offered, which puts this NSW suburb at 1963th most discounted overall in Australia.
In the last year 22 properties changed hands in Yerrinbool, which puts it as the 1069th most active market in NSW when comparing the number of sales per suburb.
Yerrinbool, 2575’s gross rental yield is 3.78%
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