Yarra Glen is a smaller suburb in Victoria within the Yarra Ranges local government area (postcode 3775). With a population of 3,012, the suburb has an established demographic with a median age of 42. Households earn a median income of $95K per year, with an average household size of 2.7 people. The most common occupations are technicians & trades, professionals, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Yarra Glen is $820,000, having increased 4.5% over the past year. The current median weekly rent is $525. This gives a gross rental yield of approximately 3.3%. The median monthly mortgage repayment is $2,000.
Yarra Glen is served by 1 school, including 1 primary. The average ICSEA score is 998, which is around the national average of 1,000. Public transport access includes 6 bus stops. The crime rate in the Yarra Ranges LGA is moderate at 5,164 incidents per 100,000 population.
From an investment perspective, Yarra Glen offers a gross rental yield of 3.3%, rated as moderate yield. Property prices are near the state median ($820K/$875K). The price-to-income ratio of 8.7x is considered moderate. House prices have moved +4.5% year-on-year.
Yarra Glen is a smaller suburb in Victoria within the Yarra Ranges local government area (postcode 3775). With a population of 3,012, the suburb has an established demographic with a median age of 42. Households earn a median income of $95K per year, with an average household size of 2.7 people. The most common occupations are technicians & trades, professionals, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Yarra Glen is $820,000, having increased 4.5% over the past year. The current median weekly rent is $525. This gives a gross rental yield of approximately 3.3%. The median monthly mortgage repayment is $2,000.
Yarra Glen is served by 1 school, including 1 primary. The average ICSEA score is 998, which is around the national average of 1,000. Public transport access includes 6 bus stops. The crime rate in the Yarra Ranges LGA is moderate at 5,164 incidents per 100,000 population.
From an investment perspective, Yarra Glen offers a gross rental yield of 3.3%, rated as moderate yield. Property prices are near the state median ($820K/$875K). The price-to-income ratio of 8.7x is considered moderate. House prices have moved +4.5% year-on-year.