Woori Yallock is a smaller residential area in Victoria within the Yarra Ranges local government area (postcode 3139). With a population of 2,964, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $82K per year, with an average household size of 2.6 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, labourers. Employment in the area leans toward construction and healthcare. The top ancestries reported are English, Australian, Irish.
Median house prices in Woori Yallock stand at $660,000, having risen modestly by 1.7% over the last twelve months. The current median weekly rent is $600. This gives a gross rental yield of approximately 4.7%. The median monthly mortgage repayment is $1,733.
Woori Yallock is served by 1 school, including 1 primary. The average ICSEA score is 986, which is around the national average of 1,000. Public transport access includes 14 bus stops. The crime rate in the Yarra Ranges LGA is moderate at 5,164 incidents per 100,000 population.
From an investment perspective, Woori Yallock shows a gross rental yield of approximately 4.7%, rated as moderate yield. Property prices are near the state median ($660K/$875K). The price-to-income ratio of 8.1x is considered moderate. House prices have moved +1.7% 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.