Suburb Profile Report for Yarram VIC (3971)

Yarram House: Median price $229,500, Annual capital growth 3.03%, Number of sales 50, Weekly median advertised rent $250

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

With a capital gain of 0.88% for the last 12 months, Yarram, 3971 has performed for property investments than its average annual 3.03% property growth over the last 5 years.

Taking the average capital gain, or increase in median house value, Yarram,3971 has racked up an average of 0.88% over the period. This ranks it number 3535th in the whole country for real estate investors looking at median house price increases.

LACK OF BUYER INTEREST may well be the reason that Yarram is offering property investors an average of -6.90. This rate of discount on properties puts Suburb at number 51th in terms of most discounted suburbs in VIC

On average over the past year, suburb has had 4.17 sales per month, which equates to 50 per year.

Yarram is 48th on a list of best yielding suburbs for rents in VIC with a 5.66% return

Metrics i HOUSE UNIT
$229,500 N/A
-1.92% N/A
0.88% N/A
3.03% N/A
$250 N/A
50 N/A
5.66% N/A
145.777777777778 N/A

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 2168
Median household income ($/weekly) 697
Median age of persons 48
Median housing loan repayment ($/monthly) 1005
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 251 11.6
    35-44 years 215 9.9
    45-54 years 271 12.5
    55-64 years 338 15.6
    65-74 years 269 12.4
    Others 823 38.0
    Age Group
    Census Count Percent(%)
    Registered Married 747 47.7
    Not Married 646 41.3
    Defacto Relationship 172 11.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 1848 90.9
    Japan 12 0.6
    New Zealand 29 1.4
    Papua New Guinea 16 0.8
    United Kingdom 76 3.7
    Others 53 2.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 15 0.8
    Christianity 1388 70.6
    Hinduism 4 0.2
    Other Religious Groups 7 0.4
    No Religion 547 27.8
    Others 4 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 121 15.0
    $400-$599 152 18.9
    $600-$799 123 15.3
    $800-$999 71 8.8
    $1,000-$1,249 67 8.3
    Others 272 33.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 854 49.5
    Employed, worked full-time 493 28.6
    Employed, worked part-time 284 16.5
    Employed, away from work 54 3.1
    Unemployed, looking for work 40 2.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 136 16.4
    Professionals 89 10.7
    Technicians & trades workers 136 16.4
    Clerical & administrative workers 82 9.9
    Labourers 144 17.3
    Others 243 29.3
    Occupation
    Census Count Percent(%)
    Pre-school 27 7.1
    Infants/Primary 157 41.3
    Secondary 135 35.5
    Technical or Further Educational Institution 27 7.1
    University or other Tertiary Institutions 22 5.8
    Others 12 3.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1849 95.6
    Flat, unit or apartment 53 2.7
    Semi-detached, row or terrace house, townhouse 20 1.0
    Caravan, cabin, houseboat 13 0.7
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 392 46.0
    Rented 237 27.8
    Being purchased 218 25.6
    Other tenure type 6 0.7
    Tenure Type
Census 2011, ABS
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