All About Yea, Murrindindi, VIC, 3717
Yea, a charming town nestled in the Murrindindi Shire of Victoria, has been gaining attention in recent years due to its appealing housing market. The market here is characterized by a blend of historical and modern homes, offering potential buyers a diverse range of housing options. As of the latest reports, the market in Yea has shown steady growth, with increasing demand from both local and city dwellers looking to escape the hustle and bustle of metropolitan areas. The relatively affordable prices, when compared to Melbourne's skyrocketing property costs, make Yea an attractive option for first-time homebuyers and investors alike. The town's scenic beauty and proximity to nature further enhance its desirability, with many properties boasting large blocks of land and scenic views of the surrounding countryside.
Living in Yea provides residents with a quaint yet fulfilling lifestyle that combines the perks of rural living with the conveniences of modern amenities. The town is known for its friendly community spirit, where locals often gather at various events and markets, fostering a strong sense of belonging. Yea offers essential services, including schools, healthcare facilities, and shopping amenities, providing a comfortable standard of living. The town's location at the crossroads of several major roads also makes it an accessible spot for those who work in Melbourne or other regional centers but prefer to return to the tranquility at the end of the day. Outdoor enthusiasts will appreciate the abundant opportunities for hiking, fishing, and exploring the natural beauty of the surrounding area, making Yea not just a home but a lifestyle choice for those seeking both adventure and tranquility.
Household Makeup
| Median Weekly Rent | $299.50 |
| Median Monthly Mortgage | $1324.00 |
| Median Persons Per bed houseroom | 0.70 |
| Average Household Size | 2.00 |
| Average Age | 52.00 |
| Average Income | $575.00 |
| Average Cars Per Dwelling | 1.78 |
| Average Properties Within 50M | 5 |
| Typical 1 bed house | $588,000 |
| Typical 2 bed house | $586,000 |
| Typical 3 bed house | $826,000 |
| Typical 4 bed house | $1,034,000 |
| Typical 5 bed house | $1,036,000 |
| Typical 6 bed+ house | $764,000 |
Housing Stock
Local Internet Speeds
Download 25 Mbps / Upload 5 Mbps
Yea Real Estate Market Outlook
Thinking about buying in Yea? Now could not be a better time, with 1376 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $816,000 with prices in this suburb ranging from $133,000 to $2,811,000. The aproximate distance to the coast is 64 Km.
In Yea 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 Yea due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Yea 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. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Yea 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.
Instant Property Valuation
3
1
2 Local Schools
Sacred Heart School
Yea High School
Yea Primary School
(While the above schools are located with the suburb of Yea there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Yea weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 1.7 | 13.8 | 27.7 | 30.5 | 79.7 | 4.8 | 26.6 |
| Feb | 1.7 | 13.8 | 26.3 | 35.6 | 82.6 | 4.5 | 22.3 |
| Mar | 1.7 | 12.0 | 22.8 | 43.1 | 84.7 | 4.4 | 17.5 |
| Apr | 1.9 | 9.3 | 18.3 | 49.4 | 86.9 | 4.0 | 13.2 |
| May | 1.8 | 6.7 | 13.4 | 63.7 | 90.7 | 4.1 | 9.3 |
| Jun | 2.0 | 4.6 | 10.2 | 71.6 | 92.9 | 4.0 | 7.1 |
| Jul | 2.0 | 3.9 | 9.3 | 72.4 | 94.4 | 4.5 | 7.1 |
| Aug | 2.0 | 3.8 | 10.3 | 64.3 | 93.3 | 4.6 | 10.2 |
| Sept | 2.2 | 5.9 | 13.9 | 55.9 | 89.4 | 4.8 | 15.2 |
| Oct | 1.6 | 7.8 | 17.6 | 49.2 | 87.1 | 4.8 | 20.6 |
| Nov | 2.1 | 9.7 | 21.2 | 42.2 | 87.8 | 4.8 | 23.9 |
| Dec | 1.7 | 11.8 | 24.9 | 32.8 | 82.4 | 4.8 | 26.9 |
source: Australian Government Bureau of Meteorology
Public Transport
Broadford - Greater then 10KM
Tallarook - Greater then 10KM
Wandong - Greater then 10KM
Wallan - Greater then 10KM
Heathcote Junction - Greater then 10KM
Kilmore East - Greater then 10KM
Seymour - Greater then 10KM
General Points of Interest
Yea Golf Course - Less than 10 KM
Approx. site of Hume and Hovell camp 4 & 5 Dec 1824 - Less than 10 KM
Approx. site of Hume and Hovell camp 6 Dec 1824 - Less than 10 KM
Yea Bowls Club - Less than 10 KM
Nearby Suburbs
Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!