Suburb Profile Report for Woori Yallock VIC (3139)

Woori Yallock House: Median price $512,500, Annual capital growth 7.37%, Number of sales 48, Weekly median advertised rent $360

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

VIC has seen average median house prices change by 7.88% which means that Woori Yallock, 3139 has done well for property investors by showing a capital gain of 19.19% over the last year

When looking at the potential capital gains offered to property investors over the last 3 years, Woori Yallock comes in at number 184th in VIC.

LACK OF BUYER INTEREST may well be the reason that Woori Yallock is offering property investors an average of -5.39. This rate of discount on properties puts Suburb at number 659th in terms of most discounted suburbs in VIC

At number 338 in a list of fastest selling suburbs, Woori Yallock is in the TOP 10% of suburbs in Australia with an average of days on market 41.98 for properties listed there.

Property investors should expect to get $360 weekly from the median priced house in this suburb.

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
$512,500 N/A
0.49% N/A
19.19% N/A
7.37% N/A
$360 N/A
48 N/A
3.65% N/A
41.98 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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