With a capital gain of 11.05% for the last 12 months, Yarraville, 3013 has performed for property investments than its average annual 7.53% property growth over the last 5 years.
Yarraville,3013 has offered an average of 11.05% return per annum in house price rises to property investors over the last three years.
Yarraville, 3013 is offering VIC ‘s 335th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this VIC.
Often selling an investment property can take time, and in Yarraville the average time real estate has been on the market is 52.44 days.
A $520 per week rent on the median house gives suburb investors a gross yield of circa 2.70%, without taking into account capital value appreciation, which has been averaging out at 7.53%.
Investment property in Yarraville has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -11.29%
The five-year average increase in median property values for Yarraville,3013 has given property investors a potential capital gain of 6.09% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Yarraville is offering property investors an average of -4.58. This rate of discount on properties puts Suburb at number 9th in terms of most discounted suburbs in VIC
The VIC suburb of Yarraville, 3013 is in the Maribyrnong local government area.