Seville (postcode 3139) is a smaller suburb in Victoria within the Yarra Ranges local government area. It is home to about 2,559 residents, with a mix of families and early-career residents and a median age of 37. Households earn a median income of $111K per year, with an average household size of 2.9 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.7% year-on-year at the LGA level. VIC employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. VIC also had 45 Commonwealth-backed major projects under construction, 17 underway, and 27 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are technicians & trades, managers, clerical & administrative. Employment in the area leans toward construction and healthcare. The top ancestries reported are English, Australian, Irish.
The median house price in Seville is $835,000, having moved lower by 4% over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 3.7%. The median monthly mortgage repayment is $1,950.
Seville is served by 1 school, including 1 primary. The average ICSEA score is 996, which is around the national average of 1,000. Public transport access includes 8 bus stops. The crime rate in the Yarra Ranges LGA is moderate at 5,164 incidents per 100,000 population.
On the investment side, Seville shows a gross rental yield of approximately 3.7%, rated as moderate yield. Property prices are near the state median ($835K/$875K). The price-to-income ratio of 7.5x is considered moderate. House prices have moved -4.0% year-on-year. Population growth of +0.7% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.