Yea is a small community in Victoria within the Murrindindi local government area (postcode 3717). With a population of 1,789, the suburb has an older demographic with a median age of 56. Households earn a median income of $54K per year, with an average household size of 2.1 people. The most common occupations are technicians & trades, professionals, managers. The top ancestries reported are English, Australian, Scottish.
The median house price in Yea is $525,000, having declined 4.5% over the past year. The current median weekly rent is $385. This gives a gross rental yield of approximately 3.8%. The median monthly mortgage repayment is $1,408.
Yea is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 975, which is around the national average of 1,000. Public transport access includes 1 bus stop. Healthcare facilities include 1 public hospital. The crime rate in the Murrindindi LGA is moderate at 5,639 incidents per 100,000 population.
From an investment perspective, Yea offers a gross rental yield of 3.8%, rated as moderate yield. Property prices sit below the state median ($525K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 9.7x is considered moderate. House prices have moved -4.5% year-on-year.
Yea is a small community in Victoria within the Murrindindi local government area (postcode 3717). With a population of 1,789, the suburb has an older demographic with a median age of 56. Households earn a median income of $54K per year, with an average household size of 2.1 people. The most common occupations are technicians & trades, professionals, managers. The top ancestries reported are English, Australian, Scottish.
The median house price in Yea is $525,000, having declined 4.5% over the past year. The current median weekly rent is $385. This gives a gross rental yield of approximately 3.8%. The median monthly mortgage repayment is $1,408.
Yea is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 975, which is around the national average of 1,000. Public transport access includes 1 bus stop. Healthcare facilities include 1 public hospital. The crime rate in the Murrindindi LGA is moderate at 5,639 incidents per 100,000 population.
From an investment perspective, Yea offers a gross rental yield of 3.8%, rated as moderate yield. Property prices sit below the state median ($525K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 9.7x is considered moderate. House prices have moved -4.5% year-on-year.