Yallourn North is a small community in Victoria within the Latrobe (Vic.) local government area (postcode 3825). With a population of 1,511, the suburb has an established demographic with a median age of 42. Households earn a median income of $66K per year, with an average household size of 2.4 people. The most common occupations are technicians & trades, community & personal service, labourers. The top ancestries reported are Australian, English, Scottish.
The median house price in Yallourn North is $330,000, having increased 3.3% over the past year. The current median weekly rent is $375. This gives a gross rental yield of approximately 5.9%. The median monthly mortgage repayment is $953.
Yallourn North is served by 1 school, including 1 primary. The average ICSEA score is 936, which is below the national average of 1,000. Public transport access includes 14 bus stops. The crime rate in the Latrobe (Vic.) LGA is higher than average at 17,840 incidents per 100,000 population.
From an investment perspective, Yallourn North offers a gross rental yield of 5.9%, rated as high yield. Property prices sit below the state median ($330K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 5.0x is considered affordable. House prices have moved +3.3% year-on-year.
Yallourn North is a small community in Victoria within the Latrobe (Vic.) local government area (postcode 3825). With a population of 1,511, the suburb has an established demographic with a median age of 42. Households earn a median income of $66K per year, with an average household size of 2.4 people. The most common occupations are technicians & trades, community & personal service, labourers. The top ancestries reported are Australian, English, Scottish.
The median house price in Yallourn North is $330,000, having increased 3.3% over the past year. The current median weekly rent is $375. This gives a gross rental yield of approximately 5.9%. The median monthly mortgage repayment is $953.
Yallourn North is served by 1 school, including 1 primary. The average ICSEA score is 936, which is below the national average of 1,000. Public transport access includes 14 bus stops. The crime rate in the Latrobe (Vic.) LGA is higher than average at 17,840 incidents per 100,000 population.
From an investment perspective, Yallourn North offers a gross rental yield of 5.9%, rated as high yield. Property prices sit below the state median ($330K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 5.0x is considered affordable. House prices have moved +3.3% year-on-year.