Suburb Profile Report for Yarraville VIC (3013)

Yarraville House: Median price $963,875, Annual capital growth 9.68%, Number of sales 196, Weekly median advertised rent $500

Yarraville Unit: Median price $533,000, Annual capital growth 3.92%, Number of sales 72, Weekly median advertised rent $385

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

VIC has seen average median house prices change by 9.78% which means that Yarraville, 3013 has done well for property investors by showing a capital gain of 15.57% over the last year

Comparing Yarraville,3013 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Sellers are offering property buyers an average discount of -2.99% to buyers in Yarraville at the moment, which is less than average for the rest of VIC.

Advertised rents are around the $500 mark per week – giving a return of 2.70% based on the median price in Suburb

Investment property in Yarraville has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -3.09%

When looking at the potential capital gains offered to property investors over the last 3 years, Yarraville comes in at number 202th in VIC.

Yarraville3013 is located in VIC which offers an average discount of -4.95% to property investors. Yarraville itself is showing figures that indicate -5.00% is the average achievable by property buyers investing in the suburb.

Residents and property investors in Yarraville have been waiting around 92.09 days to sell a property.

Advertised rents are around the $385 mark per week – giving a return of 3.76% based on the median price in Suburb

Metrics i HOUSE UNIT
$963,875 $533,000
6.15% 5.40%
15.57% -3.09%
9.68% 3.92%
$500 $385
196 72
2.70% 3.76%
74.24 92.09

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 13747
Median household income ($/weekly) 1583
Median age of persons 36
Median housing loan repayment ($/monthly) 2200
Average household size 2.4
  • Census Count Percent(%)
    0-4 years 1156 8.4
    5-14 years 1362 9.9
    25-34 years 2549 18.5
    35-44 years 2854 20.8
    45-54 years 1867 13.6
    Others 3959 28.8
    Age Group
    Census Count Percent(%)
    Registered Married 4408 42.7
    Not Married 4290 41.6
    Defacto Relationship 1623 15.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 9396 71.7
    Hong Kong 381 2.9
    United Kingdom 606 4.6
    Viet Nam 334 2.5
    Other 494 3.8
    Others 1890 14.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 495 3.9
    Christianity 6945 55.2
    Hinduism 114 0.9
    Islam 236 1.9
    No Religion 4677 37.2
    Others 104 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 384 7.8
    $1,500-$1,999 586 12.0
    $2,000-$2,499 510 10.4
    $2,500-$2,999 574 11.7
    $3,000-$3,499 402 8.2
    Others 2445 49.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 5061 47.3
    Not in the labour force 2958 27.6
    Employed, worked part-time 1958 18.3
    Employed, away from work 406 3.8
    Unemployed, looking for work 327 3.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 1177 15.9
    Professionals 2385 32.1
    Technicians & trades workers 758 10.2
    Community & personal service workers 617 8.3
    Clerical & administrative workers 1066 14.4
    Others 1419 19.1
    Occupation
    Census Count Percent(%)
    Pre-school 276 9.6
    Infants/Primary 926 32.1
    Secondary 576 20.0
    Technical or Further Educational Institution 267 9.3
    University or other Tertiary Institutions 721 25.0
    Others 120 4.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 10515 81.2
    Semi-detached, row or terrace house, townhouse 1312 10.1
    Flat, unit or apartment 1053 8.1
    House or flat attached to a shop, office 63 0.5
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1971 37.4
    Rented 1693 32.1
    Fully owned 1586 30.1
    Other tenure type 24 0.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals