Suburb Profile Report for Woori Yallock VIC (3139)

Woori Yallock House: Median price $507,500, Annual capital growth 7.36%, Number of sales 46, Weekly median advertised rent $355

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

Woori Yallock, 3139 ranked 109th in VIC when comparing growth in median property values or capital gain over the last 12 months. Woori Yallock is one of 2098 in our list for VIC

When looking at the potential capital gains offered to property investors over the last 3 years, Woori Yallock comes in at number 108th in VIC.

Woori Yallock3139 is located in VIC which offers an average discount of -5.19% to property investors. Woori Yallock itself is showing figures that indicate -2.29% is the average achievable by property buyers investing in the suburb.

In the last year 46 properties changed hands in Woori Yallock, which puts it as the 430th most active market in VIC when comparing the number of sales per suburb.

With the median price for a house in Woori Yallock being $507500 and the advertised rent reaching $355 the gross rental yield for property investors calculates out to be 3.64%

Information supplied by:


September 2018

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A small suburb that houses many amenities, Woori Yallock’s popularity is best observed in its considerable and consistent growth since 2013Full summary

Demand spikes in suburb with great views

Postcode: 3139

Median house price: $510,000

Three-year growth: 54.5%

Rental yield: 3.6%

A small suburb that houses many amenities, Woori Yallock’s popularity is best observed in its considerable and consistent growth since 2013.

The house market boasts a remarkable average annual growth rate of 8.3%, with prices soaring by 22.6% in just the 12 months to June 2018. The median value of houses has passed $500,000 in this period, but despite the price hikes, vendors are able to unload properties quickly at a low average discount rate of 2.2%. Houses spend only 36 days on the market.

Located in the Shire of Yarra Ranges, Woori Yallock offers beautiful views of the valley. It is a great spot for foodies, as it has many cafes, restaurants and wineries. Warburton Trail winds through Woori Yallock, and there is a football oval for sporting activity. A primary school is established here as well.

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Metrics i HOUSE UNIT
$507,500 N/A
0.50% N/A
18.30% N/A
7.36% N/A
$355 N/A
46 N/A
3.64% N/A
43.75 N/A

Source: CoreLogic

DSR Score for property investment : Very good (H), Good (U)
Find a mortgage broker in Woori Yallock VIC
Demographics
Total population 2807
Median household income ($/weekly) 1076
Median age of persons 34
Median housing loan repayment ($/monthly) 1400
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 382 13.6
    25-34 years 407 14.5
    35-44 years 381 13.6
    45-54 years 375 13.4
    55-64 years 327 11.6
    Others 935 33.3
    Age Group
    Census Count Percent(%)
    Registered Married 944 46.3
    Not Married 811 39.8
    Defacto Relationship 284 13.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 2348 87.7
    New Zealand 25 0.9
    Papua New Guinea 33 1.2
    United Kingdom 167 6.2
    Other 29 1.1
    Others 76 2.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 20 0.8
    Christianity 1350 55.1
    Hinduism 4 0.2
    Other Religious Groups 15 0.6
    No Religion 1054 43.0
    Others 7 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 113 12.6
    $800-$999 105 11.7
    $1,000-$1,249 112 12.5
    $1,250-$1,499 100 11.2
    $1,500-$1,999 120 13.4
    Others 345 38.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 807 38.5
    Not in the labour force 670 32.0
    Employed, worked part-time 443 21.1
    Employed, away from work 106 5.1
    Unemployed, looking for work 69 3.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 150 11.1
    Technicians & trades workers 300 22.2
    Community & personal service workers 171 12.6
    Clerical & administrative workers 166 12.3
    Labourers 159 11.8
    Others 407 30.1
    Occupation
    Census Count Percent(%)
    Pre-school 59 8.5
    Infants/Primary 251 36.3
    Secondary 203 29.4
    Technical or Further Educational Institution 95 13.7
    University or other Tertiary Institutions 45 6.5
    Others 38 5.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2570 95.9
    Semi-detached, row or terrace house, townhouse 86 3.2
    Flat, unit or apartment 24 0.9
    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 554 56.6
    Fully owned 281 28.7
    Rented 141 14.4
    Other tenure type 3 0.3
    Tenure Type
Census 2011, ABS
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