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Yaroomba, QLD 4573

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Yaroomba, QLD 4573 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

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Rent 

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Yield 

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Buy 

1BR

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Rent 

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Yield 

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Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Yaroomba, QLD 4573”

  1. The total adult population (15 years or older) of Yaroomba 4573 QLD is 1,640, with a median age of 42. Of those, 55.85% are married, 10.91% are divorced or separated, 31.22% are single and 2.26% are widowed.

    The average household size is 2.8 people per dwelling, and the median household monthly income is estimated to be $9,724. The median monthly mortgage repayment for households in this suburb is $2,104 which is 21.64% of their earnings.

    Source: ABS Census Data (2021)

  2. The suburb of Yaroomba, located within postcode 4573 of Queensland, accommodates an estimated 1102 households. Yaroomba’s property market has been closely analysed as of Q3 2023, presenting valuable insights for property investors and buyers agents.

    Houses in Yaroomba command a typical price of approximately $1,554,493. Furthermore, the median weekly rent is noted at $835. These prices lead to an indicative yield of 2.79%, which slightly falls short of the minimum 3% yield requirement, indicating room for improvement for cashflow-driven property investors while still being attractive as investment destination.

    The suburb’s socio-economic health is decent with an IRSAD score of 1080 out of 1217. This implies good socio-economic conditions in the area associated with a fairly affluent population and reduced potential risks for property investors.

    The renter to owner ratio in Yaroomba is 22%, well under the 30% mark, illustrating a healthy balance in the property market with more owners than renters. This is beneficial for rental property owners, as it reduces competition and risk.

    Additionally, the units to houses ratio stands at 2%, suggesting that the market isn’t oversaturated with rental units, thereby reducing competition among landlords for tenants. This lower ratio also indicates an attractive environment for families who are likely to have longer tenancy periods.

    Unfortunately, the affordability index is scored at 63 years, pointing towards decreased affordability in the area with a greater than average time required to fully own a property. However, this may not significantly impact property investors who capitalise on median family income and current interest rates.

    The stock on market Percentage for houses sits at a favourable 0.19%, indicating low supply. The low inventory level further validates this, pitching at 0.83 months, suggesting a robust market absorption rate for new listings.

    Building Approvals Ratio is quite favourable at 0.28%, indicating that only a small fraction of the total dwellings are newly approved residential buildings, thus limiting potentially destabilising supply increases.

    The average days on market for houses is 50, signifying a respectable demand. The suburb’s vacancy rate is 2.83%, marking a neutral demand which offers a balance between supply and demand.

    Interestingly, the buy search index is recorded at 6, indicating high demand for houses in this area compared to the state and city averages.

    Despite some measures skewing towards the less favourable, such as the affordability index and indicative yield, the suburb’s overall attractive conditions, such as low supply and high demand, make Yaroomba a relevant market to consider for property investment. As always, it’s essential to note that this analysis should be used in conjunction with other factors and metrics, such as the RCS (Relative Composite Score), to understand the complete property market dynamics.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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