Suburb Profile Report for Yallourn North VIC (3825)

Yallourn North House: Median price $175,000, Annual capital growth 3.79%, Number of sales 25, Weekly median advertised rent $220

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

If you compare the increase in value of investment property in Yallourn North, 3825 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was -1.41%.

Taking the average capital gain, or increase in median house value, Yallourn North,3825 has racked up an average of -1.41% over the period. This ranks it number 2329th in the whole country for real estate investors looking at median house price increases.

Property investors looking for a bargain in Yallourn North should be aiming for at least -5.11% off the asking price, which is the average vendor discount being achieved at the moment.

Residents and property investors in Yallourn North have been waiting around 92.84 days to sell a property.

A $220 per week rent on the median house gives suburb investors a gross yield of circa 6.54%, without taking into account capital value appreciation, which has been averaging out at 3.79%.

Metrics i HOUSE UNIT
$175,000 N/A
6.06% N/A
-1.41% N/A
3.79% N/A
$220 N/A
25 N/A
6.54% N/A
92.84 N/A

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload but we note that our providers routinely update data and we are currently working on a solution to include these retrospective updates.

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 1492
Median household income ($/weekly) 886
Median age of persons 43
Median housing loan repayment ($/monthly) 914
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 180 12.1
    25-34 years 142 9.5
    35-44 years 188 12.6
    45-54 years 250 16.8
    55-64 years 221 14.8
    Others 511 34.2
    Age Group
    Census Count Percent(%)
    Registered Married 522 46.5
    Not Married 439 39.1
    Defacto Relationship 161 14.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 1238 89.2
    Japan 12 0.9
    Philippines 12 0.9
    United Kingdom 64 4.6
    Other 12 0.9
    Others 50 3.6
    Country of Birth
    Census Count Percent(%)
    Christianity 872 66.4
    No Religion 415 31.6
    Buddhism 11 0.8
    Other Religious Groups 10 0.8
    Islam 6 0.5
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 58 10.9
    $400-$599 74 13.9
    $600-$799 73 13.7
    $800-$999 65 12.2
    $1,500-$1,999 69 13.0
    Others 192 36.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 477 41.7
    Employed, worked full-time 355 31.1
    Employed, worked part-time 210 18.4
    Employed, away from work 53 4.6
    Unemployed, looking for work 48 4.2
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 122 19.8
    Community & personal service workers 72 11.7
    Sales 76 12.3
    Machinery operators & drivers 71 11.5
    Labourers 90 14.6
    Others 186 30.1
    Occupation
    Census Count Percent(%)
    Pre-school 16 5.8
    Infants/Primary 99 36.1
    Secondary 96 35.0
    Technical or Further Educational Institution 34 12.4
    University or other Tertiary Institutions 17 6.2
    Others 12 4.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1090 77.9
    Semi-detached, row or terrace house, townhouse 309 22.1
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 259 44.3
    Being purchased 242 41.4
    Rented 77 13.2
    Other tenure type 6 1.0
    Tenure Type
Census 2011, ABS
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