Suburb Profile Report for Yarra Junction VIC (3797)

Yarra Junction House: Median price $425,000, Annual capital growth 4.85%, Number of sales 42, Weekly median advertised rent $330

Yarra Junction Unit: Median price $379,888, Annual capital growth 6.46%, 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

Investment property in Yarra Junction 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 0.95%

If we look at median property appreciation over just the last three months, Yarra Junction has given property investors a paper return of 0.00%. This puts Suburb as 512 on a list of fastest fasting appreciating suburbs in VIC

The most recent median price for Yarra Junction is $425000, with sellers offering an average of -6.81% off the asking price.

Renters in Suburb are facing rents around $3960 per annum or $330 every week.

VIC has seen average median house prices change by 2.98% which means that Yarra Junction, 3797 has done well for property investors by showing a capital gain of 19.65% over the last year

State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.08% offered to property buyers. Sellers in Yarra Junction itself are offering an average vendor discount of -4.94% to real estate investors.

Metrics i HOUSE UNIT
$425,000 $379,888
0.00% 14.60%
0.95% 19.65%
4.85% 6.46%
$330 N/A
42 12
4.04% N/A
52.11 54.09

Source: CoreLogic

DSR Score for property investment : Good (H), 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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