Located in Victoria within the Yarra Ranges local government area, Seville East is a small locality (postcode 3139). The area has roughly 837 residents and a mix of families and early-career residents, with a median age of 35. Households earn a median income of $102K 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, community & personal service, managers. Employment in the area leans toward construction and healthcare. The top ancestries reported are English, Australian, Scottish.
Seville East has a median house price of $705,000, which has declined by 6.6% year-on-year. The current median weekly rent is $600. This gives a gross rental yield of approximately 4.4%. The median monthly mortgage repayment is $1,820.
Public transport access includes 3 bus stops. The crime rate in the Yarra Ranges LGA is moderate at 5,164 incidents per 100,000 population.
From an investment perspective, Seville East shows a gross rental yield of approximately 4.4%, rated as moderate yield. Property prices are near the state median ($705K/$875K). The price-to-income ratio of 6.9x is considered moderate. House prices have moved -6.6% 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.