Yallambie is a smaller suburb in Victoria within the Banyule local government area (postcode 3085). With a population of 4,161, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $121K per year, with an average household size of 2.8 people. The most common occupations are professionals, technicians & trades, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Yallambie is $1.0 million, having grown strongly 9.6% over the past year. The current median weekly rent is $500. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $2,167.
Yallambie is served by 1 school, including 1 primary. The average ICSEA score is 1055, which is above the national average of 1,000. Public transport access includes 18 bus stops. The crime rate in the Banyule LGA is higher than average at 8,647 incidents per 100,000 population.
From an investment perspective, Yallambie offers a gross rental yield of 2.5%, rated as low yield. Property prices are near the state median ($1.0M/$875K). The price-to-income ratio of 8.6x is considered moderate. House prices have moved +9.6% year-on-year.
Yallambie is a smaller suburb in Victoria within the Banyule local government area (postcode 3085). With a population of 4,161, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $121K per year, with an average household size of 2.8 people. The most common occupations are professionals, technicians & trades, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Yallambie is $1.0 million, having grown strongly 9.6% over the past year. The current median weekly rent is $500. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $2,167.
Yallambie is served by 1 school, including 1 primary. The average ICSEA score is 1055, which is above the national average of 1,000. Public transport access includes 18 bus stops. The crime rate in the Banyule LGA is higher than average at 8,647 incidents per 100,000 population.
From an investment perspective, Yallambie offers a gross rental yield of 2.5%, rated as low yield. Property prices are near the state median ($1.0M/$875K). The price-to-income ratio of 8.6x is considered moderate. House prices have moved +9.6% year-on-year.