Suburb Profile Report for Yarra Junction VIC (3797)

Yarra Junction House: Median price $460,000, Annual capital growth 6.71%, Number of sales 44, Weekly median advertised rent $330

Yarra Junction Unit: Median price $430,000, Annual capital growth 10.10%, 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

Property value increases in Yarra Junction have tracked just lower than the VIC average of 11.00% over the last 12 months.

Over the longer term, Yarra Junction has seen property prices show investors a 24.32% return over the last 3 years. This is worse than over the last 12 months

The most recent median price for Yarra Junction is $460000, with sellers offering an average of -6.30% off the asking price.

Over the last year, property investments in Yarra Junction, 3797 have given investors a capital gain of 26.47%. This compares very favourably with the 5.66% for VIC as a whole.

Over the longer term, Yarra Junction has seen property prices show investors a 28.36% return over the last 3 years. This is worse than over the last 12 months

Yarra Junction3797 is located in VIC which offers an average discount of -4.68% to property investors. Yarra Junction itself is showing figures that indicate -2.82% is the average achievable by property buyers investing in the suburb.

Often selling an investment property can take time, and in Yarra Junction the average time real estate has been on the market is 42.92 days.

Metrics i HOUSE UNIT
$460,000 $430,000
5.75% 2.38%
4.55% 26.47%
6.71% 10.10%
$330 N/A
44 12
3.73% N/A
61.65 42.92

Source: CoreLogic

DSR Score for property investment : Very good (H), Very good (U)
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Demographics
Total population 2297
Median household income ($/weekly) 937
Median age of persons 41
Median housing loan repayment ($/monthly) 1543
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 300 13.1
    25-34 years 243 10.6
    35-44 years 324 14.1
    45-54 years 284 12.4
    55-64 years 290 12.6
    Others 856 37.3
    Age Group
    Census Count Percent(%)
    Registered Married 776 49.7
    Not Married 631 40.4
    Defacto Relationship 153 9.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 1811 85.5
    New Zealand 25 1.2
    Papua New Guinea 31 1.5
    United Kingdom 152 7.2
    Other 26 1.2
    Others 73 3.4
    Country of Birth
    Census Count Percent(%)
    Christianity 1192 59.7
    No Religion 768 38.5
    Buddhism 18 0.9
    Other Religious Groups 14 0.7
    Islam 3 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 85 12.0
    $400-$599 83 11.7
    $600-$799 86 12.1
    $1,000-$1,249 76 10.7
    $2,000-$2,499 69 9.7
    Others 310 43.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 726 42.8
    Employed, worked full-time 540 31.9
    Employed, worked part-time 309 18.2
    Employed, away from work 87 5.1
    Unemployed, looking for work 33 1.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 112 12.0
    Professionals 115 12.3
    Technicians & trades workers 184 19.7
    Community & personal service workers 106 11.3
    Clerical & administrative workers 139 14.9
    Others 279 29.8
    Occupation
    Census Count Percent(%)
    Pre-school 33 7.1
    Infants/Primary 183 39.2
    Secondary 144 30.8
    Technical or Further Educational Institution 45 9.6
    University or other Tertiary Institutions 37 7.9
    Others 25 5.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1843 92.4
    Semi-detached, row or terrace house, townhouse 75 3.8
    Caravan, cabin, houseboat 36 1.8
    Flat, unit or apartment 31 1.6
    House or flat attached to a shop, office 9 0.5
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 332 42.5
    Fully owned 267 34.2
    Rented 170 21.8
    Other tenure type 12 1.5
    Tenure Type
Census 2011, ABS
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