Yarraville (postcode 3013) is a settled mid-to-large suburb in Victoria within the Maribyrnong local government area. The area has roughly 15,636 residents and a blend of families and working-age professionals, with a median age of 37. Households earn a median income of $129K per year, with an average household size of 2.5 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, managers, clerical & administrative. Employment in the area leans toward professional services and healthcare. The top ancestries reported are English, Australian, Irish.
Median house prices in Yarraville stand at $975,000, having fallen sharply by 15% over the last twelve months. Units have a median price of $608,000 (-5.1% YoY). The current median weekly rent is $620. This gives a gross rental yield of approximately 3.3%. The median monthly mortgage repayment is $2,500.
Yarraville is served by 5 schools, including 4 primary, 1 special. The average ICSEA score is 1103, which is well above the national average of 1,000. Public transport access includes 3 rail stations, 85 bus stops. The crime rate in the Maribyrnong LGA is higher than average at 12,887 incidents per 100,000 population.
From an investment perspective, Yarraville shows a gross rental yield of approximately 3.3%, rated as moderate yield. Property prices are near the state median ($975K/$850K). The price-to-income ratio of 7.5x is considered moderate. House prices have moved -15.0% 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.