Yaroomba, 4573 ranked 182th in QLD when comparing growth in median property values or capital gain over the last 12 months. Yaroomba is one of 2415 in our list for QLD
While Yaroomba,4573 ranked number 62th in QLD for increase in median house value (annualised) increase, it is ranked 49th over the last 5 years.
Using the current median advertised rental of $520 and the average annual increase in value of a median property of 3.20%, investors should hope to achieve an overall return of 4.04%
If you compare the increase in value of investment property in Yaroomba, 4573 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 6.79%.
Yaroomba,4573 was ranked 902 in Australia by increase in median property value over the quarter.
Renters in Suburb are facing rents around $8250 per annum or $687.5 every week.
Known for being the site of an old shipwreck, Yaroomba has been reaping the benefits of being part of the successful Sunshine Coast.Full summary
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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. Close