VIC has seen average median house prices change by 4.41% which means that Yarra Glen, 3775 has done well for property investors by showing a capital gain of 7.14% over the last year
Comparing Yarra Glen,3775 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property investors looking for a bargain in Yarra Glen should be aiming for at least -7.71% off the asking price, which is the average vendor discount being achieved at the moment.
At number 2253 in a list of fastest selling suburbs, Yarra Glen is in the bottom 40% of suburbs in Australia with an average of days on market 84.7586 for properties listed there.
Using the current median advertised rental of $400 and the average annual increase in value of a median property of 6.03%, investors should hope to achieve an overall return of 3.08%