Suburb Profile Report for Woori Yallock VIC (3139)

Woori Yallock House: Median price $405,000, Annual capital growth 7.09%, Number of sales 46, Weekly median advertised rent $335

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

Source: CoreLogic

  • House Report

Woori Yallock has had a pretty good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 14.25% to date .

Over the longer term, Woori Yallock has seen property prices show investors a 20.90% return over the last 3 years. This is worse than over the last 12 months

Property investors looking for a bargain in Woori Yallock should be aiming for at least -2.82% off the asking price, which is the average vendor discount being achieved at the moment.

Often selling an investment property can take time, and in Woori Yallock the average time real estate has been on the market is 33.2 days.

Using the current median advertised rental of $335 and the average annual increase in value of a median property of 7.09%, investors should hope to achieve an overall return of 4.30%

Metrics i HOUSE UNIT
$405,000 N/A
5.61% N/A
14.25% N/A
7.09% N/A
$335 N/A
46 N/A
4.30% N/A
33.2 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 2807
Median household income ($/weekly) 1076
Median age of persons 34
Median housing loan repayment ($/monthly) 1400
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 382 13.6
    25-34 years 407 14.5
    35-44 years 381 13.6
    45-54 years 375 13.4
    55-64 years 327 11.6
    Others 935 33.3
    Age Group
    Census Count Percent(%)
    Registered Married 944 46.3
    Not Married 811 39.8
    Defacto Relationship 284 13.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 2348 87.7
    New Zealand 25 0.9
    Papua New Guinea 33 1.2
    United Kingdom 167 6.2
    Other 29 1.1
    Others 76 2.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 20 0.8
    Christianity 1350 55.1
    Hinduism 4 0.2
    Other Religious Groups 15 0.6
    No Religion 1054 43.0
    Others 7 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 113 12.6
    $800-$999 105 11.7
    $1,000-$1,249 112 12.5
    $1,250-$1,499 100 11.2
    $1,500-$1,999 120 13.4
    Others 345 38.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 807 38.5
    Not in the labour force 670 32.0
    Employed, worked part-time 443 21.1
    Employed, away from work 106 5.1
    Unemployed, looking for work 69 3.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 150 11.1
    Technicians & trades workers 300 22.2
    Community & personal service workers 171 12.6
    Clerical & administrative workers 166 12.3
    Labourers 159 11.8
    Others 407 30.1
    Occupation
    Census Count Percent(%)
    Pre-school 59 8.5
    Infants/Primary 251 36.3
    Secondary 203 29.4
    Technical or Further Educational Institution 95 13.7
    University or other Tertiary Institutions 45 6.5
    Others 38 5.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2570 95.9
    Semi-detached, row or terrace house, townhouse 86 3.2
    Flat, unit or apartment 24 0.9
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 554 56.6
    Fully owned 281 28.7
    Rented 141 14.4
    Other tenure type 3 0.3
    Tenure Type
Census 2011, ABS
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