Thinking about buying in Yarrambat? Now could not be a better time, with 878 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $2,138,000 with prices in this suburb ranging from $997,000 to $5,734,000. The aproximate distance to the coast is 22 Km.
Median Weekly Rent | $425.42 |
Median Monthly Mortgage | $2412.84 |
Median Persons Per Bedroom | 0.79 |
Average Household Size | 3.00 |
Average Age | 43.26 |
Average Income | $933.58 |
Average Cars Per Dwelling | 2.55 |
Average Properties Within 50M | 3 |
2 Bed  $1,710,000 |
3 Bed  $1,615,000 |
4 Bed  $2,220,000 |
5 Bed  $2,392,000 |
6 Bed+$3,036,000 |
Consistent high demand relative to supply is a key feature in Yarrambat driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Yarrambat ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Yarrambat provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Yarrambat necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Yarrambat we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Yarrambat a better buying opportunity than it may have been in the past.
466 ironbark rd, yarrambat, vic, 3091 | 4 | 1 | 8 | 3900000 | |
12b vista ct, yarrambat, vic, 3091 | 6 | 3 | 7 | 2600000 | |
64 ashley rd, yarrambat, vic, 3091 | 6 | 3 | 2 | 2300000 |
Yarrambat Primary School
Glenvale School
Plenty Valley Christian College
Morang South Primary School
Marymede Catholic College
Doreen Primary School
Diamond Creek Primary School
(While the above schools are located with the suburb of Yarrambat there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Nov | 1.7 | 11.1 | 23.4 | 40.6 | 94.7 | 3.2 | 21.6 |
Dec | 1.8 | 12.8 | 26.4 | 36.6 | 93 | 3.2 | 25.4 |
Jan | 1.7 | 14.8 | 28.8 | 35.9 | 91.9 | 3.2 | 23.6 |
Feb | 1.2 | 14.6 | 28.1 | 38.0 | 92.6 | 2.8 | 20.2 |
Mar | 1.4 | 12.8 | 24.8 | 41.7 | 93.5 | 2.6 | 14.8 |
Apr | 2.1 | 10.3 | 21.3 | 47.2 | 96.6 | 2.4 | 10.8 |
May | 1.7 | 8.4 | 17.5 | 54.5 | 95.5 | 2.8 | 7.6 |
Jun | 1.8 | 6.0 | 14.3 | 64.3 | 98.2 | 2.3 | 6.4 |
Jul | 1.4 | 6.4 | 14.2 | 61.1 | 97.3 | 2.9 | 7.4 |
Aug | 1.9 | 6.0 | 14.6 | 53.8 | 96.2 | 3.0 | 9.6 |
Sept | 1.6 | 7.8 | 18.1 | 45.8 | 95.4 | 3.1 | 14.1 |
Oct | 1.6 | 9.5 | 21.3 | 43.4 | 95 | 3.2 | 18.5 |
source: Australian Government Bureau of Meteorology
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