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Yarrawonga, VIC 3730

Home » VIC Real Estate Data » Moira Shire, VIC » Yarrawonga, VIC 3730

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 Yarrawonga, VIC 3730 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 

2BR

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Buy 

1BR

2BR

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Rent 

1BR

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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 “Yarrawonga, VIC 3730”

  1. The total adult population (15 years or older) of Yarrawonga 3730 VIC is 7,306, with a median age of 52. Of those, 51.79% are married, 13.19% are divorced or separated, 26.18% are single and 8.81% are widowed.

    The average household size is 2.3 people per dwelling, and the median household monthly income is estimated to be $5,780. The median monthly mortgage repayment for households in this suburb is $1,430 which is 24.74% of their earnings.

    Source: ABS Census Data (2021)

  2. Situated in Victoria, the suburb of Yarrawonga 3730 is home to an estimated 5,798 households. In the Q3 of 2023, standard prices for houses in Yarrawonga 3730 were pegged at $743,282 and properties were rented out at a median rate of $451 per week. This garners an indicative yield of 3.16%, a modestly attractive yield offering a fair return on investment for property investors focused on cashflow.

    Socio-economically, Yarrawonga 3730 lays claim to an IRSAD score of 934 out of a possible 1217, indicating a markedly affluent population base with above-average economic resources at their behest. With a renter to owner ratio of 23% and a units to houses ratio of 10%, Yarrawonga 3730 presents a healthy balance in its property market, appealing to a range of audiences whilst mitigating investment risks associated with an oversaturated rental market.

    However, it should be noted that the affordability index for houses in the area is quite steep at 50 years, signalling less affordability for would-be homeowners, especially when benchmarked against the generic 30-year span of a standard mortgage.

    Supply-side metrics tell a promising tale. With a stock on market Percentage of 0.29% and an inventory Level of 1.41 months, there is a bullish undercurrent stemming from low supply; an appealing aspect for investors as it indicates strong consumption potential and healthy market activity. Although, a building approvals ratio of 2.29% may suggest an uptick in incoming housing supply, which could potentially temper market demand conditions.

    On the Demand side, Houses in Yarrawonga 3730 are characteristically on the market for 110 days on average before finding a buyer, which, while not indicative of a high-demand market, is still within the realm of acceptability. The Vacancy Rate, inclusive of both houses and units, is moderately low at 1.41%, indicating a healthy equilibrium in demand and supply. The Buy Search Index, however, is a bit on the low side at 3, suggesting that there is room for improvement in terms of driving demand.

    In conclusion, the property market in Yarrawonga 3730 offers a balanced blend of promising fundamentals alongside some areas of improvement. As always, leveraging the HtAG Analytics Relative Composite Score (RCS) can be a useful way of accounting for a multitude of metrics in one simplified indicator. Despite a few metrics that might skew towards the lesser favourable end of the spectrum, the majority of indicators are in positive territory, making it an appealing option for investors.

    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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