Fraud Blocker

Yackandandah, VIC 3749

Home » VIC Real Estate Data » Indigo Shire, VIC » Yackandandah, VIC 3749

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 Yackandandah, VIC 3749 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.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

Sign up to see the score

Capital Growth RCS™

Sign up to see the score

Cashflow RCS™

Sign up to see the score

FREE Investment Property Checklist

Secure your golden ticket to property investment success! Get our meticulously crafted Property Investment Checklist upon subscribing to our newsletter. It’s jam-packed with valuable insights from prime locations to specific building nuances.

Essentials
No Price Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

No Rent Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

Upgrade to Personal Plan to see Yield data.
Yield chart
Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart
Fundamentals
Upgrade to Personal Plan to see IRSAD data.
IRSAD chart
Upgrade to Personal Plan to see U|H and R|O data.
Renters to owners pie chart
Upgrade to Personal Plan to see U|H and R|O data.
unit to houses pie charts
Upgrade to Personal Plan to see Demand Profile data.
Demand chart
Upgrade to Professional Plan to see Affordability Index data.
Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

Upgrade to Professional Plan to see Stock On Market trend.
SOM chart
Upgrade to Professional Plan to see Inventory trend.
Inventory chart
Upgrade to Professional Plan to see Building Approvals trend.
Inventory chart
Upgrade to Professional Plan to see Hold Period trend.
Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

Upgrade to Professional Plan to see Days On Market trend.
DOM chart
Upgrade to Professional Plan to see Vacancy Rate trend.
Inventory chart
Upgrade to Professional Plan to see Search Index trend.
Index chart
Upgrade to Professional Plan to see Clearance Rate trend.
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.

Have a question? You can either leave a comment below or post it on our forum.

0 thoughts on “Yackandandah, VIC 3749”

  1. The total adult population (15 years or older) of Yackandandah 3749 VIC is 1,645, with a median age of 50. Of those, 55.93% are married, 13.13% are divorced or separated, 23.40% are single and 7.54% are widowed.

    The average household size is 2.5 people per dwelling, and the median household monthly income is estimated to be $8,396. The median monthly mortgage repayment for households in this suburb is $1,600 which is 19.06% of their earnings.

    Source: ABS Census Data (2021)

  2. As a hidden gem nestled in the region of VIC, the charming suburb of YACKANDANDAH 3749 boasts around 967 households. Real estate in this suburb provides a distinct sense of community and charm, with houses here, as of Q3 2023, priced typically at a handsome sum of $879,275. In return, these homes command a median weekly rent of $406 which culminates in an indicative yield of roughly 2.4%.

    The socio-economic status of the suburb is impressive with an IRSAD score of 1032, derived out of a maximum score of 1217. This indicates that the residents here enjoy a relatively higher access to economic resources, underpinned by higher income levels and a cohort of skilled professionals.

    Supply metrics in YACKANDANDAH 3749, particularly for houses, appear favourable. The suburb reports a low stock on market Percentage at 0.22%, i.e., the ratio of currently unsold houses to the total number of dwellings in the area is relatively low. The healthy building approvals Ratio of 0.33% reflects a prudent approach to increased dwelling supply in the housing market. Further, a low inventory level of 1.5 months showcases the robust demand-supply dynamics in the property market here, making it very absorbent to new listings.

    On the demand side, the suburb emerges as an appealing prospect for property investors. The days on market metric, at an average of 63 days, although falling slightly outside the high-demand threshold, isn’t alarmingly high. The low Vacancy Rate, however, is quite compelling at 0.63% for combined houses and units, indicating strong demand with little supply. This suggests that renters in YACKANDANDAH 3749 could indeed be inclined to pay a higher rent due to the scarcity of alternatives nearby. The buy search index for houses, currently standing at 3, although indicating moderate demand, should certainly not dissuade potential investors considering the collectively favourable metrics.

    Among other noteworthy metrics, YACKANDANDAH exhibits a low renter to owner ratio of just 16%. This is quite comforting for investors, suggesting that markets aren’t overly saturated with rental properties – something that often puts a lid on the long-term returns. The meagre 2% units to houses ratio, too, is a welcome piece of statistic as oversupply of units often seems problematic for would-be investors. This surely gives tenants fewer properties to choose from, assisting owners in maintaining higher rental yields and curb the risk of price drops.

    However, the Affordability Index, estimated at 41 years, does exceed the threshold of 30 years. But looking at the wider picture, this might encourage an influx of well-off individuals and families, potentially generating lucrative opportunities for owners and property investors.

    Considering suburbs like YACKANDANDAH for investment, translating real estate statistics into well-informed decisions is imperative. Sure, some metrics might appear less favourable, but the overall positioning appears sterling, especially with a skew towards high demand and low supply underpinning the housing market. Employing an array of metrics, including the RCS (Relative Composite Score) by HtAG Analytics, can indeed ensure your decisions are optimally calibrated, taking into account both the virtues and the risks. Always remember – vigilance is sine qua non in real estate investing, more so when you aim to unlock the best suburbs with steady capital gains and positive cash flow potential.

    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.

Leave a comment