This property is Off Market
With an average age of 52, households expect an average monthly mortgage payment of $3,860 or a weekly rent payment of $600. The average family earns a weekly income of $4,609 with a typical household size of 2.4 and a 95.27% employment rate.
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. High average incomes in Yarralumla ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The slightly lower than average earnings from occupations in Yarralumla changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Yarralumla to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Yarralumla we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Yarralumla a better buying opportunity than it may have been in the past.
(Country of Birth not stated 2%)
Yarralumla a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Australian Capital Territory State average 56 / 100
66 / 100
56 / 100
17 / 100
28 / 100
20 / 100
26 / 100
73 / 100
72 / 100
25 / 100
32 / 100
Incidents Trend State Average
Canberra Girls Grammar SchoolDeakin, ACT, 2600 Independent K-12
Forrest Primary SchoolForrest, ACT, 2603 Independent K-6
Alfred Deakin High SchoolDeakin, ACT, 2600 Independent 7-10
Yarralumla Primary SchoolYarralumla, ACT, 2600 Independent K-6
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.