Suburb Profile Report for Yarra Glen VIC (3775)

Yarra Glen House: Median price $580,000, Annual capital growth 6.78%, Number of sales 47, Weekly median advertised rent $375

Yarra Glen Unit: Median price $435,000, Annual capital growth N/A, Number of sales 12, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Yarra Glen, 3775 have given investors a capital gain of 8.16%. This compares badly with the 10.43% for VIC as a whole.

Yarra Glen,3775 has offered an average of 8.16% return per annum in house price rises to property investors over the last three years.

Property investors looking for a bargain in Yarra Glen should be aiming for at least -4.36% off the asking price, which is the average vendor discount being achieved at the moment.

Yarra Glen is 323th on a list of best yielding suburbs for rents in VIC with a 3.36% return

While Yarra Glen,3775 ranked number 145th in VIC for increase in median house value (annualised) increase, it is ranked 340th over the last 5 years.

Metrics i HOUSE UNIT
$580,000 $435,000
2.97% 2.35%
8.16% N/A
6.78% N/A
$375 N/A
47 12
3.36% N/A
58.83 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Very good (H)
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Demographics
Total population 2611
Median household income ($/weekly) 1294
Median age of persons 37
Median housing loan repayment ($/monthly) 1700
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 378 14.5
    25-34 years 304 11.6
    35-44 years 391 15.0
    45-54 years 365 14.0
    55-64 years 341 13.1
    Others 832 31.9
    Age Group
    Census Count Percent(%)
    Registered Married 1067 56.2
    Not Married 647 34.1
    Defacto Relationship 184 9.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 2168 86.2
    Greece 18 0.7
    Papua New Guinea 27 1.1
    United Kingdom 191 7.6
    Other 28 1.1
    Others 84 3.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 27 1.1
    Christianity 1480 61.2
    Hinduism 7 0.3
    Other Religious Groups 13 0.5
    No Religion 886 36.6
    Others 6 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 104 12.6
    $800-$999 80 9.7
    $1,250-$1,499 101 12.2
    $1,500-$1,999 116 14.1
    $2,000-$2,499 79 9.6
    Others 345 41.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 830 42.3
    Not in the labour force 580 29.6
    Employed, worked part-time 426 21.7
    Employed, away from work 88 4.5
    Unemployed, looking for work 37 1.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 194 14.5
    Professionals 202 15.1
    Technicians & trades workers 236 17.6
    Clerical & administrative workers 203 15.2
    Sales 159 11.9
    Others 344 25.7
    Occupation
    Census Count Percent(%)
    Pre-school 62 9.8
    Infants/Primary 249 39.3
    Secondary 178 28.1
    Technical or Further Educational Institution 55 8.7
    University or other Tertiary Institutions 74 11.7
    Others 15 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2415 97.0
    Semi-detached, row or terrace house, townhouse 37 1.5
    Flat, unit or apartment 37 1.5
    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 437 47.8
    Fully owned 316 34.6
    Rented 152 16.6
    Other tenure type 9 1.0
    Tenure Type
Census 2011, ABS
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