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Yinnar, VIC 3869

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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 Yinnar, VIC 3869 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 “Yinnar, VIC 3869”

  1. The total adult population (15 years or older) of Yinnar 3869 VIC is 832, with a median age of 40. Of those, 51.80% are married, 11.06% are divorced or separated, 32.81% are single and 4.33% are widowed.

    The average household size is 2.4 people per dwelling, and the median household monthly income is estimated to be $7,856. The median monthly mortgage repayment for households in this suburb is $1,365 which is 17.38% of their earnings.

    Source: ABS Census Data (2021)

  2. The quiet and homely suburb of Yinnar, postcode 3869, in Victoria is home to approximately 587 households. An analysis of the property market statistics for this area in Q3 2023 reveals some promising figures for those considering an investment.

    Property prices in Yinnar sit at a typical amount of $545,890 for houses. To put this into context, median weekly rent for houses is established at $448. This price range generates an indicative yield or return on investment of over 4.27%, a favourable figure compared to traditional cashflow-centered investment standards which mandate a minimum of 3%.

    Yinnar’s socio-economic climate, measured by the IRSAD score, sits comfortably at 970 out of 1217. This score intimates a high attribute to resource access, income levels, and the preponderance of skilled professions within the suburb.

    The scare of an oversaturated rental market isn’t a concern in Yinnar, with a well-balanced renter to owner ratio of 16%, falling well below the threshold of 30%. This ratio indicates favourable long-term returns and lower risk. The housing market also benefits from the absence of an oversupply of units, with units to houses ratio at 0%.

    Investing in Yinnar houses also comes with an enticing affordability index, with 27 years as the standard duration required to own a property. This remains below the ceiling of 31 years, suggesting an agreeable affordability level among residents.

    Speaking to supply metrics, Yinnar represents a very healthy market with a stock on market Percentage for houses at 0.17%, which is quite favourable compared to the defined range. inventory levels are also favourable with a projection of 0.86 months, indicating a low supply market. The lack of newly approved residential buildings at a building approvals Ratio of 0% confirms less competition.

    However, it’s important to note the days on market for houses stands at 42 days, indicating a fairly balanced demand. Vacancy rates, unfortunately, peak at 7.69% which suggests slightly lower demand. The Buy Search Index, a measure of demand based on online searches, rests at 3, indicating a modest interest in the housing market of Yinnar.

    While some metrics such as vacancy rates are less favourable, overall Yinnar’s property market presents itself as a good investment opportunity, backed up by an array of favourable figures. An automated analysis like RCS could provide a more detailed assessment of this market using an array of other metrics. Remember, data trends paint a better picture, so do refer to any dashboards that may be available.

    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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