Property investors who have had real estate in Yarra Junction, 3797 should be ok with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 1.75%
Taking the average capital gain, or increase in median house value, Yarra Junction,3797 has racked up an average of 1.75% over the period. This ranks it number 262th in the whole country for real estate investors looking at median house price increases.
Vendor discounting in Yarra Junction is giving property investors an average Vendor Discount of around -6.49%. This puts suburb at number 258th in VIC when ranking the most discounted suburbs.
With the median price for a house in Yarra Junction being $580000 and the advertised rent reaching $395 the gross rental yield for property investors calculates out to be 3.54%
In the last year 10 properties changed hands in Yarra Junction, which puts it as the 372th most active market in VIC when comparing the number of sales per suburb.