Yarragon is a small community in Victoria within the Baw Baw local government area (postcode 3823). With a population of 1,893, the suburb has an established demographic with a median age of 43. Households earn a median income of $71K per year, with an average household size of 2.4 people. The most common occupations are technicians & trades, community & personal service, managers. The top ancestries reported are Australian, English, Scottish.
The median house price in Yarragon is $610,000, having declined 5.4% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 3.8%. The median monthly mortgage repayment is $1,500.
Yarragon is served by 1 school, including 1 primary. The average ICSEA score is 994, which is around the national average of 1,000. Public transport access includes 4 rail stations. The crime rate in the Baw Baw LGA is higher than average at 8,229 incidents per 100,000 population.
From an investment perspective, Yarragon offers a gross rental yield of 3.8%, rated as moderate yield. Property prices sit below the state median ($610K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 8.6x is considered moderate. House prices have moved -5.4% year-on-year.
Yarragon is a small community in Victoria within the Baw Baw local government area (postcode 3823). With a population of 1,893, the suburb has an established demographic with a median age of 43. Households earn a median income of $71K per year, with an average household size of 2.4 people. The most common occupations are technicians & trades, community & personal service, managers. The top ancestries reported are Australian, English, Scottish.
The median house price in Yarragon is $610,000, having declined 5.4% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 3.8%. The median monthly mortgage repayment is $1,500.
Yarragon is served by 1 school, including 1 primary. The average ICSEA score is 994, which is around the national average of 1,000. Public transport access includes 4 rail stations. The crime rate in the Baw Baw LGA is higher than average at 8,229 incidents per 100,000 population.
From an investment perspective, Yarragon offers a gross rental yield of 3.8%, rated as moderate yield. Property prices sit below the state median ($610K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 8.6x is considered moderate. House prices have moved -5.4% year-on-year.