With a capital gain of 8.74% for the last 12 months, Yaroomba, 4573 has performed for property investments than its average annual 7.24% property growth over the last 5 years.
A 64.46% growth in median value for property investors in Yaroomba,4573 puts this suburb at number 268th in terms of best performing suburbs in QLD
Property investors looking for a bargain in Yaroomba should be aiming for at least -3.82% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Yaroomba the average time real estate has been on the market is 67.2222 days.
Yaroomba is 598th on a list of best yielding suburbs for rents in QLD with a 3.61% return
Information supplied by:
Surf’s up for Sunshine Coast suburb
Median house price: $629,000
Three-year growth: 22.14%
Rental yield: 3.89%
Known for being the site of an old shipwreck, Yaroomba has been reaping the benefits of being part of the successful Sunshine Coast.
The suburb has reported positive growth for the past five years, although the increase hasn’t always been significant. In the previous year, Yaroomba house prices rose by over 14%, bringing the median value to just under $630,000.
The suburb’s name, which translates to “surf on the beach,” highlights one of Yaroomba residents’ favourite activities. There are shops, restaurants and cafes in town as well. Kindergarten and high schools are less than 10 minutes away in nearby Coolum Beach, along with a supermarket, shopping centre and medical centre.
Buses to Maroochydore Station can be caught at the David Low Way stop.