680 Beenak Road,
Yellingbo VIC 3139

About Yarra Valley

With an average age of 43, households expect an average monthly mortgage payment of $2,292 or a weekly rent payment of $340. The average family earns a weekly income of $2,031 with a typical household size of 2.9 and a 98.46% employment rate.

In Yellingbo there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Yellingbo due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Yellingbo provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Yellingbo requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. With very low industrial sector presence in Yellingbo the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Public Transport

Lakeside Tecoma Emerald Menzies Creek Belgrave (Puffing Billy) Belgrave Gembrook (Town) Gembrook (Heritage) Cockatoo Upwey

General Points of Interest

Council Rock The Chief's Gate Council Rock Somers Gate Seville Water Play Park Kurth Kiln Emerald Golf & Country Resort Seville War Memorial Monbulk Regional Soccer Facility

Population

(Country of Birth not stated 7%)

Are people healthy?

Local Crime Rates

Incidents Trend State Average

Local Schools

• School Catchments

  Upper Yarra Secondary College Hoddles Creek Primary School

• Macclesfield Primary School

  Macclesfield, VIC, 3782 State Prep-6

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• Gladysdale Primary School

  Gladysdale, VIC, 3797 State Prep-6

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• St Joseph's School

  Yarra Junction, VIC, 3797 Independent Prep-6

  NAPLAN

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• Gembrook Primary School

  Gembrook, VIC, 3783 State Prep-6

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Property Story

Local Developments

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• 134 Acme Avenue Street, Town, State

  Description - Details the application. Type and other information pertaining to the development application and more...

  Authority Reference: UX0909823-GOV Website