Selby is a small community in Victoria within the Yarra Ranges local government area (postcode 3159). With a population of 1,626, the suburb has an established demographic with a median age of 40. Households earn a median income of $119K per year, with an average household size of 2.9 people. The most common occupations are professionals, technicians & trades, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Selby is $850,000, having risen modestly 1.5% over the past year. The current median weekly rent is $525. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $1,983.
Selby is served by 1 school, including 1 primary. The average ICSEA score is 1109, which is well above the national average of 1,000. Public transport access includes 9 bus stops. The crime rate in the Yarra Ranges LGA is moderate at 5,164 incidents per 100,000 population.
From an investment perspective, Selby offers a gross rental yield of 3.2%, rated as moderate yield. Property prices are near the state median ($850K/$875K). The price-to-income ratio of 7.2x is considered moderate. House prices have moved +1.5% year-on-year.
Selby is a small community in Victoria within the Yarra Ranges local government area (postcode 3159). With a population of 1,626, the suburb has an established demographic with a median age of 40. Households earn a median income of $119K per year, with an average household size of 2.9 people. The most common occupations are professionals, technicians & trades, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Selby is $850,000, having risen modestly 1.5% over the past year. The current median weekly rent is $525. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $1,983.
Selby is served by 1 school, including 1 primary. The average ICSEA score is 1109, which is well above the national average of 1,000. Public transport access includes 9 bus stops. The crime rate in the Yarra Ranges LGA is moderate at 5,164 incidents per 100,000 population.
From an investment perspective, Selby offers a gross rental yield of 3.2%, rated as moderate yield. Property prices are near the state median ($850K/$875K). The price-to-income ratio of 7.2x is considered moderate. House prices have moved +1.5% year-on-year.