Thinking about buying in Yarralumla? Now could not be a better time, with a whopping 1925 properties either residential or commercial there's certainly plenty to choose from.
The average property price for this area is $1,637,000 with prices in this suburb ranging from $286,000 to $3,618,000.Distance to the coast is 105 Km.
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.
|Median Weekly Rent||$452.29|
|Median Monthly Mortgage||$2854.86|
|Median Persons Per Bedroom||0.61|
|Average Household Size||2.14|
|Average Cars Per Dwelling||2.68|
|Average Properties Within 50M||13.00|
|36 BENTHAM ST, YARRALUMLA, ACT, 2600||5||2||2||By Negotiation|
|3 EWART ST, YARRALUMLA, ACT, 2600||5||3||2||$3,200,000+|
|64 SCHLICH ST, YARRALUMLA, ACT, 2600||3||1||1||$1,565,000+|
|8 SCHOMBURGK ST, YARRALUMLA, ACT, 2600||3||2||2||$1,750,000+|
|2 HAMILTON ROW, YARRALUMLA, ACT, 2600||5||3||2||$2,490,000 - $2,590,000|
|19 TURNER PL, YARRALUMLA, ACT, 2600||3||1||1||$1,850,000|
Yarralumla Primary School(While the above schools are located with the suburb of Yarralumla there may also be nearby schools whose catchments cover this suburb)
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source: Australian Government Bureau of Meteorology
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