Yackandandah is a smaller suburb in Victoria within the Indigo local government area (postcode 3749). With a population of 2,008, the suburb has an older-leaning population with a median age of 50. Households earn a median income of $87K per year, with an average household size of 2.5 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.8% 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 professionals, managers, technicians & trades. Employment in the area leans toward healthcare and education. The top ancestries reported are English, Australian, Irish.
Median house prices in Yackandandah stand at $760,000, having surged by 16.4% over the last twelve months. The current median weekly rent is $480. This gives a gross rental yield of approximately 3.3%. The median monthly mortgage repayment is $1,600.
Yackandandah is served by 1 school, including 1 primary. The average ICSEA score is 1092, which is above the national average of 1,000. Public transport access includes 3 bus stops. The crime rate in the Indigo LGA is below average at 3,341 incidents per 100,000 population.
On the investment side, Yackandandah shows a gross rental yield of approximately 3.3%, rated as moderate yield. Property prices are near the state median ($760K/$875K). The price-to-income ratio of 8.7x is considered moderate. House prices have moved +16.4% year-on-year. Population growth of +0.8% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.