Trend of Rental Yield in Oconee County, Georgia

Gavop is a real estate, housing & local data & analytics service. We get data from public sources such as the census bureau & private databases. Our data can be used by real estate and organizations to get further insights into local market dynamics. We analyzed rental yield trends from 2009 and 2015 for all counties in the U.S. Rental yields are impacted by factors such as home location, home facilities, employment opportunities, strata levies, and council rates

The key elements in the research are

1. Median Gross Rent
2. Median Home Value

 

Our key findings

• % Change Population: Oconee County out performed than Georgia by 4.1
• % Change Population: Oconee County out performed than US by 4.5
• CAGR Population: Oconee County out performed than state by 0.6
• CAGR Population: Oconee County out performed than US by 0.7
• % Change Median Gross Rent: Oconee County out performed than Georgia by 4.0
• % Change Median Gross Rent: Oconee County out performed than US by 2.1
• CAGR Median Gross Rent: Oconee County out performed than state by 0.6
• CAGR Median Gross Rent: Oconee County out performed than US by 0.4
• % Change Home Value: Oconee County out performed than Georgia by 13.7
• % Change Home Value: Oconee County out performed than US by 9.9
• CAGR Home Value: Oconee County out performed than state by 2.3
• CAGR Home Value: Oconee County out performed than US by 1.6
• % Change Rental Yield: Oconee County under performed than Georgia by -11.8
• % Change Rental Yield: Oconee County under performed than US by -9.0
• CAGR Rental Yield: Oconee County under performed than state by -1.8
• CAGR Rental Yield: Oconee County under performed than US by -1.4

County	Oconee County
Population 2015	34,400
Population 2009	31,422
Population % change	9.5
Population change rank compared to US	407
Population change rank compared to Georgia	36
Median Gross Rent 2015	883
Median Gross Rent 2009	763
Median Gross Rent % change	15.7
Median Gross Rent change rank compared to US	1,383
Median Gross Rent change rank compared to Georgia	65
Home Value 2015	235,700
Home Value 2009	221,900
Home Value % change	6.2
Home Value change rank compared to US	1,744
Home Value change rank compared to Georgia	46
Rental Yield 2015	4.5
Rental Yield 2009	4.1
Rental Yield % change	9.0
Rental Yield change rank compared to US	1,397
Rental Yield change rank compared to Georgia	102