Suburb Profile Report for Yerrinbool NSW (2575)

Yerrinbool House: Median price $640,000, Annual capital growth 7.88%, Number of sales 23, Weekly median advertised rent $463

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

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%

Information supplied by:


January 2018

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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

Houses flourish

Postcode: 2575

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
Metrics i HOUSE UNIT
$640,000 N/A
N/A N/A
9.87% N/A
7.88% N/A
$463 N/A
23 N/A
3.76% N/A
46.27 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 1088
Median household income ($/weekly) 1162
Median age of persons 36
Median housing loan repayment ($/monthly) 1777
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 194 17.8
    25-34 years 114 10.5
    35-44 years 171 15.7
    45-54 years 157 14.4
    55-64 years 109 10.0
    Others 343 31.5
    Age Group
    Census Count Percent(%)
    Registered Married 416 57.0
    Not Married 251 34.4
    Defacto Relationship 63 8.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 882 86.0
    Indonesia 4 0.4
    Papua New Guinea 14 1.4
    United Kingdom 93 9.1
    Other 21 2.0
    Others 12 1.2
    Country of Birth
    Census Count Percent(%)
    Christianity 787 79.2
    No Religion 189 19.0
    Other Religious Groups 8 0.8
    Judaism 7 0.7
    Hinduism 3 0.3
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 39 11.9
    $1,000-$1,249 38 11.6
    $1,250-$1,499 32 9.8
    $1,500-$1,999 38 11.6
    $2,000-$2,499 33 10.1
    Others 148 45.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 304 39.9
    Not in the labour force 248 32.6
    Employed, worked part-time 141 18.5
    Employed, away from work 41 5.4
    Unemployed, looking for work 27 3.5
    Person Characteristics
  • Census Count Percent(%)
    Professionals 56 11.6
    Technicians & trades workers 90 18.7
    Clerical & administrative workers 64 13.3
    Sales 62 12.9
    Labourers 59 12.2
    Others 151 31.3
    Occupation
    Census Count Percent(%)
    Pre-school 39 13.0
    Infants/Primary 128 42.8
    Secondary 75 25.1
    Technical or Further Educational Institution 34 11.4
    University or other Tertiary Institutions 15 5.0
    Others 8 2.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1018 99.3
    Improvised home, tent, sleepers out 4 0.4
    House or flat attached to a shop, office 3 0.3
    Semi-detached, row or terrace house, townhouse 0 0.0
    Flat, unit or apartment 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 203 57.5
    Fully owned 102 28.9
    Rented 44 12.5
    Other tenure type 4 1.1
    Tenure Type
Census 2011, ABS
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Recent sales & rentals