VIC has seen average median house prices change by 7.88% which means that Woori Yallock, 3139 has done well for property investors by showing a capital gain of 19.19% over the last year
When looking at the potential capital gains offered to property investors over the last 3 years, Woori Yallock comes in at number 184th in VIC.
LACK OF BUYER INTEREST may well be the reason that Woori Yallock is offering property investors an average of -5.39. This rate of discount on properties puts Suburb at number 659th in terms of most discounted suburbs in VIC
At number 338 in a list of fastest selling suburbs, Woori Yallock is in the TOP 10% of suburbs in Australia with an average of days on market 41.98 for properties listed there.
Property investors should expect to get $360 weekly from the median priced house in this suburb.
A small suburb that houses many amenities, Woori Yallock’s popularity is best observed in its considerable and consistent growth since 2013Full summary
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Demand spikes in suburb with great views
Median house price: $510,000
Three-year growth: 54.5%
Rental yield: 3.6%
A small suburb that houses many amenities, Woori Yallock’s popularity is best observed in its considerable and consistent growth since 2013.
The house market boasts a remarkable average annual growth rate of 8.3%, with prices soaring by 22.6% in just the 12 months to June 2018. The median value of houses has passed $500,000 in this period, but despite the price hikes, vendors are able to unload properties quickly at a low average discount rate of 2.2%. Houses spend only 36 days on the market.
Located in the Shire of Yarra Ranges, Woori Yallock offers beautiful views of the valley. It is a great spot for foodies, as it has many cafes, restaurants and wineries. Warburton Trail winds through Woori Yallock, and there is a football oval for sporting activity. A primary school is established here as well.Close