Suburb Profile Report for Yarraville VIC (3013)

Yarraville House: Median price $985,000, Annual capital growth 6.97%, Number of sales 214, Weekly median advertised rent $520

Yarraville Unit: Median price $530,000, Annual capital growth 3.46%, Number of sales 63, Weekly median advertised rent $395

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Yarraville, 3013 have given investors a capital gain of -1.79%. This compares very badly with the 8.91% for VIC as a whole.

Taking the average capital gain, or increase in median house value, Yarraville,3013 has racked up an average of -1.79% over the period. This ranks it number 1110th in the whole country for real estate investors looking at median house price increases.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Yarraville, 3013. Typically our figures indicate that -5.26% is being offered, which puts this VIC suburb at 2186th most discounted overall in Australia.

Giving property investors a an unimpressive capital gain of -1.67% for the last year, Yarraville, 3013 is the 1142th highest performer in Australia in this respect.

When looking at the potential capital gains offered to property investors over the last 3 years, Yarraville comes in at number 285th in VIC.

LACK OF BUYER INTEREST may well be the reason that Yarraville is offering property investors an average of -4.60. This rate of discount on properties puts Suburb at number 128th in terms of most discounted suburbs in VIC

Property investors should expect to get $395 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$985,000 $530,000
-1.50% 3.41%
-1.79% -1.67%
6.97% 3.46%
$520 $395
214 63
2.75% 3.88%
47.69 59.07

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 13747
Median household income ($/weekly) 1583
Median age of persons 36
Median housing loan repayment ($/monthly) 2200
Average household size 2.4
  • Census Count Percent(%)
    0-4 years 1156 8.4
    5-14 years 1362 9.9
    25-34 years 2549 18.5
    35-44 years 2854 20.8
    45-54 years 1867 13.6
    Others 3959 28.8
    Age Group
    Census Count Percent(%)
    Registered Married 4408 42.7
    Not Married 4290 41.6
    Defacto Relationship 1623 15.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 9396 71.7
    Hong Kong 381 2.9
    United Kingdom 606 4.6
    Viet Nam 334 2.5
    Other 494 3.8
    Others 1890 14.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 495 3.9
    Christianity 6945 55.2
    Hinduism 114 0.9
    Islam 236 1.9
    No Religion 4677 37.2
    Others 104 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 384 7.8
    $1,500-$1,999 586 12.0
    $2,000-$2,499 510 10.4
    $2,500-$2,999 574 11.7
    $3,000-$3,499 402 8.2
    Others 2445 49.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 5061 47.3
    Not in the labour force 2958 27.6
    Employed, worked part-time 1958 18.3
    Employed, away from work 406 3.8
    Unemployed, looking for work 327 3.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 1177 15.9
    Professionals 2385 32.1
    Technicians & trades workers 758 10.2
    Community & personal service workers 617 8.3
    Clerical & administrative workers 1066 14.4
    Others 1419 19.1
    Occupation
    Census Count Percent(%)
    Pre-school 276 9.6
    Infants/Primary 926 32.1
    Secondary 576 20.0
    Technical or Further Educational Institution 267 9.3
    University or other Tertiary Institutions 721 25.0
    Others 120 4.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 10515 81.2
    Semi-detached, row or terrace house, townhouse 1312 10.1
    Flat, unit or apartment 1053 8.1
    House or flat attached to a shop, office 63 0.5
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1971 37.4
    Rented 1693 32.1
    Fully owned 1586 30.1
    Other tenure type 24 0.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals