Suburb Profile Report for Yarra Junction VIC (3797)

Yarra Junction House: Median price $430,000, Annual capital growth 4.70%, Number of sales 46, Weekly median advertised rent $335

Yarra Junction Unit: Median price $354,000, Annual capital growth 3.45%, Number of sales 16, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Yarra Junction, 3797 should be relatively pleased 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 7.63%

Across a shorter period, Yarra Junction, 3797 has seen a median price increase of -2.27% over the last quarter.

LACK OF BUYER INTEREST may well be the reason that Yarra Junction is offering property investors an average of -6.04. This rate of discount on properties puts Suburb at number 165th in terms of most discounted suburbs in VIC

The VIC suburb of Yarra Junction, 3797 is in the Yarra Ranges local government area.

Property investors who have had real estate in Yarra Junction, 3797 should be relatively pleased 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 6.31%

Across a shorter period, Yarra Junction, 3797 has seen a median price increase of 4.12% over the last quarter.

Yarra Junction3797 is located in VIC which offers an average discount of -5.14% to property investors. Yarra Junction itself is showing figures that indicate -4.13% is the average achievable by property buyers investing in the suburb.

Residents and property investors in Yarra Junction have been waiting around 131.33 days to sell a property.

HOUSE UNIT
$430,000 $354,000
-2.27% 4.12%
7.63% 6.31%
4.70% 3.45%
$335 N/A
46 16
4.05% N/A
53.2 131.33

Source: CoreLogic

DSR Score for property investment : Very good (H), Above average (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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