Unit 1,
4 HERBERT STREET Yarra Junction VIC 3797

About Yarra Valley

With an average age of 41, households expect an average monthly mortgage payment of $1,820 or a weekly rent payment of $330. The average family earns a weekly income of $1,781 with a typical household size of 2.4 and a 97.1% employment rate.

In Yarra Junction 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 Yarra Junction 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 Yarra Junction 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 Yarra Junction 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 Yarra Junction 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 Mooroolbark Emerald Menzies Creek Belgrave (Puffing Billy) Belgrave Gembrook (Town) Gembrook (Heritage) Lilydale Cockatoo

General Points of Interest

Warburton Water World Warburton Golf Club La La Falls Warburton War Memorial War Memorial

Population

(Country of Birth not stated 8%)

Are people healthy?

Local Crime Rates

Incidents Trend State Average

Local Schools

• School Catchments

  Yarra Junction Primary School Upper Yarra Secondary College

• Little Yarra Steiner School

  Yarra Junction, VIC, 3797 Independent Prep-12

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• Yarra Junction Primary School

  Yarra Junction, VIC, 3797 State Prep-6

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• Launching Place Primary School

  Launching Place, VIC, 3139 State Prep-6

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• Upper Yarra Secondary College

  Yarra Junction, VIC, 3797 State 7-12

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• Cire Community School

  Lilydale, VIC, 3140 Independent 7-12

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• Don Valley Primary School

  Don Valley, VIC, 3139 State Prep-6

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• St Joseph's School

  Yarra Junction, VIC, 3797 Independent 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