At number 2051th in the list of Australian suburbs ordered by increase in median house value over the last year, Yaroomba, 4573 is in the top half with a property value increase of 6.80% recorded in median house prices.
While Yaroomba,4573 ranked number 380th in QLD for increase in median house value (annualised) increase, it is ranked 50th over the last 5 years.
Property buyers and investors in Yaroomba 4573 should be seeing an average reduction in asking price of around -8.91% . This means that Yaroomba is holding prices well when compared to other suburbs in QLD.
With the median price for a house in Yaroomba being $675000 and the advertised rent reaching $457.5 the gross rental yield for property investors calculates out to be 3.52%
Yaroomba is in the bottom 30% in QLD when comparing median price capital growth over the last year. Yaroomba gave property investors a disappointing capital gain figure when compared to the rest of the state, with -6.04%.
Situated 101.05km from the CBD, Yaroomba is one of Sunshine Coast localities in the postcode 4573.
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