Suburb Profile Report for Yarra Glen VIC (3775)

Yarra Glen House: Median price $535,000, Annual capital growth 6.58%, Number of sales 59, Weekly median advertised rent $365

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

Source: CoreLogic

  • House Report

Property investors who have had real estate in Yarra Glen, 3775 should be relatively unhappy with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 0.94%

Yarra Glen,3775 has offered an average of 0.94% return per annum in house price rises to property investors over the last three years.

At number 470th of VIC’s most discounted properties, Yarra Glen is in the TOP 30% of the state/territory when listing in order of most discounted to least.

Residents and property investors in Yarra Glen have been waiting around 54.63 days to sell a property.

With the median price for a house in Yarra Glen being $535000 and the advertised rent reaching $365 the gross rental yield for property investors calculates out to be 3.55%

HOUSE UNIT
$535,000 N/A
-0.93% N/A
0.94% N/A
6.58% N/A
$365 N/A
59 N/A
3.55% N/A
54.63 N/A

Source: CoreLogic

DSR Score for property investment : Very good (H), Good (U)
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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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Recent sales & rentals