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Yallambie, VIC 3085

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If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Yallambie, VIC 3085 located in Melbourne to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

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Yield 

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Buy 

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Rent 

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Yallambie, VIC 3085”

  1. The total adult population (15 years or older) of Yallambie 3085 VIC is 3,313, with a median age of 35. Of those, 50.92% are married, 9.72% are divorced or separated, 36.52% are single and 3.11% are widowed.

    The average household size is 2.8 people per dwelling, and the median household monthly income is estimated to be $10,304. The median monthly mortgage repayment for households in this suburb is $2,167 which is 21.03% of their earnings.

    Source: ABS Census Data (2021)

  2. The suburb of Yallambie, postcode 3085, is nestled within the state of Victoria and plays host to approximately 1,414 households. The Q3 data for 2023 indicates that the typical price for houses in Yallambie stands at $989,555. With a median rent per week equalling $501, this correlates to an indicative yield of 2.63%. While the yield might be lower than desirable for some investors, it’s important to consider other metrics, especially those indicating favourable conditions.

    Yallambie has a socio-economic Index of Relative Socio-economic Advantage and Disadvantage (IRSAD) score of 1076 out of a maximum 1217, signifying a reasonably affluent and potentially financially stable population. Further, the renter to owner ratio is favourably low at 26%, potentially indicating a feeling of community ownership and stability in the suburb.

    In terms of housing demographics, only 4% of properties are units, suggesting more opportunities for long-term secure tenancies with families seeking houses in a market not oversaturated with rental units. However, affordability measures suggest houses might be out of reach for many buyers, as the affordability index sits high at 38 years.

    Supply metrics provide an optimistic picture with a low stock on market Percentage at 0.31%, suggesting low supply in the market. This is further reflected in the inventory level for houses which sits at a favourable 1.37 months. The building approvals Ratio for houses stands at 0.39%, also falling within the preferable range.

    In terms of demand, houses in Yallambie spend an average of just 31 days on the market, showing strong demand in the area. The vacancy rate sits at a relatively neutral 1.63%, posing neither a significant obstacle nor massive advantage. The buy search index for houses stands at 5, which is on par with the state or city average, indicating average demand.

    Overall, Yallambie has a medley of favourable, neutral and less than ideal indices. Like all property markets, it’s imperative to view these metrics holistically, considering each one’s unique implications. Importantly, a close eye should be kept on any emerging trends and up-to-date data, which remain key in making informed real estate investment decisions. Be sure to utilise tools like the RCS (Relative Composite Score) from HtAG Analytics to streamline and automate this process using a plethora of metrics.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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