This property is Off Market
With an average age of 41, households expect an average monthly mortgage payment of $1,083 or a weekly rent payment of $220. The average family earns a weekly income of $1,786 with a typical household size of 2.4 and a 95.18% employment rate.
In Yallourn North 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. Incomes in Yallourn North are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The slightly lower than average earnings from occupations in Yallourn North changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Yallourn North to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Yallourn North 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.
(Country of Birth not stated 10%)
Yallourn North - Glengarry a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Victoria State average 44 / 100
Income
51 / 100
52 / 100
Industry
04 / 100
17 / 100
Population
15 / 100
32 / 100
House Prices
00 / 100
70 / 100
Jobs
25 / 100
34 / 100
Incidents Trend State Average
Morwell Park Primary School
Morwell, VIC, 3840 State Prep-6
Newborough Primary School
Newborough, VIC, 3825 State Prep-6
Lowanna College
Newborough, VIC, 3825 State 7-12
Moe (South Street) Primary School
Moe, VIC, 3825 State Prep-6
Moe (Albert Street) Primary School
Moe, VIC, 3825 State Prep-6
St Vincent de Paul's School
Morwell, VIC, 3840 Independent Prep-6
Newborough East Primary School
Newborough, VIC, 3825 State Prep-6
Morwell Central Primary School
Morwell, VIC, 3840 State Prep-6
Immaculate Heart of Mary School
Newborough, VIC, 3825 Independent Prep-6
Yallourn North Primary School
Yallourn North, VIC, 3825 State Prep-6
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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
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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