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Yallourn North, VIC 3825

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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 Yallourn North, VIC 3825 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 

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Rent 

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Yield 

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Buy 

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Rent 

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Lower Risk RCS™

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Capital Growth RCS™

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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 “Yallourn North, VIC 3825”

  1. The total adult population (15 years or older) of Yallourn North 3825 VIC is 1,241, with a median age of 42. Of those, 39.08% are married, 15.71% are divorced or separated, 39.08% are single and 6.04% are widowed.

    The average household size is 2.4 people per dwelling, and the median household monthly income is estimated to be $6,892. The median monthly mortgage repayment for households in this suburb is $953 which is 13.83% of their earnings.

    Source: ABS Census Data (2021)

  2. The charming suburb of Yallourn North, 3825, situated in the state of Victoria, notably comprises an approximate total of 763 households. Placing its lens on property market trends in the third quarter of 2023, it has been determined that the typical house prices in this area hovers around the $374,679 mark. Concurrently, there is a median weekly rent of $358. These factors collaborate to produce an outstanding indicative yield of 4.97%.

    The suburb proudly boasts an esteemed IRSAD score of 897, out of the possible 1217. This highlights an attractive socio-economic environment within the community, suggesting access to adequate economic resources, reasonable income levels, and qualified professionals.

    In Yallourn North, the renter to owner ratio showcases a favourable 13%. This depicts a healthy balance in the property market spectrum, tilted towards homeownership. This positive attribute may add to the area’s appeal amongst buyers seeking a stable and community-centric neighbourhood.

    In addition, there’s an interesting feature to note about this property market – it’s purely dominated by houses, as indicated by its 0% units to houses ratio. This particular facet adds desirable diversity and differentiation in a market landscape often oversaturated by units helping maintain high rental yields.

    The affordability index is positioned at 21 years. This reflects that the suburb is more attainable and budget-friendly for prospective buyers, contributing to its allure amongst those seeking homeownership possibilities without breaking the bank.

    From a supply perspective, the stock on market Percentage for houses is recorded at a favourable 0.39%. This figure suggests a balanced market condition, which is neither overly saturated nor facing scarcity. Furthermore, the inventory level for houses rests at a comfortable 1.8 months, signalling adequate time for potential sales to be realised. In terms of growth, the building approval ratio for houses in Yallourn North is maintained at 0.39%, suggesting controlled and steady development.

    The average number of days houses stay on the market in this location is 73, indicating a reasonable demand. Also, an impressively low vacancy rate of 0.99% for combined houses and units is recorded, representing a property market with healthy demand and occupancy rates.

    Lastly, the buy search index for houses stands at 3, which indicates a moderate level of demand. Considering these statistics, the suburb of Yallourn North proves to be an engaging prospect for property investors and potential homeowners alike looking for balanced, stable and community-oriented areas for their crucial investments.

    A comprehensive understanding of the booming Australian property market is paramount to make informed decisions and Yallourn North evidently ticks many of the right boxes in this regard. However, continuous monitoring of market trends and the use of strategic tools such as HtAG Analytics’ Relative Composite Score to assess the market dynamics can help amplify investment outcomes.

    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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