Located in Victoria within the Banyule local government area, Yallambie is a smaller suburb (postcode 3085). It is home to about 4,161 residents, with a mix of families and early-career residents and a median age of 35. Households earn a median income of $121K per year, with an average household size of 2.8 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.0% year-on-year at the LGA level. VIC employment has moved +0.8% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. VIC also had 41 Commonwealth-backed major projects under construction, 18 underway, and 24 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, technicians & trades, managers. Employment in the area leans toward public admin & safety and healthcare. The top ancestries reported are English, Australian, Irish.
Yallambie has a median house price of $1.0 million, which has risen solidly by 9.6% year-on-year. The current median weekly rent is $560. This gives a gross rental yield of approximately 2.8%. 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 8,182 incidents per 100,000 population.
From an investment perspective, Yallambie shows a gross rental yield of approximately 2.8%, rated as low yield. Property prices are near the state median ($1.0M/$850K). The price-to-income ratio of 8.6x is considered moderate. House prices have moved +9.6% year-on-year. Population growth of +1.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.