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Unit 2,
4 HERBERT STREET Yarra Junction VIC 3797

This property is Off Market

All about Yarra Junction Homes for sale in Yarra Junction


  • The Average property price in this area is $853,379, this is based on recent transactions.
  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 50.21 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
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School Catchments

Property For Sale Nearby

Recently Sold Properties in this Area

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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

General Points of Interest


Population

(Country of Birth not stated 8%)

Are people healthy?

There are a recorded 2639 asthma sufferers and 621 people living with diabetes. In addition, 845 people have a heart/vascular condition and 1730 people live with three or more chronic diseases.

A good place to invest in property?

Yarra Valley 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

41 / 100

52 / 100

Industry

09 / 100

17 / 100

Population

43 / 100

32 / 100

House Prices

00 / 100

70 / 100

Jobs

34 / 100

34 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Upper Yarra Secondary College Yarra Junction Primary School
  • Launching Place Primary School

    Launching Place, VIC, 3139 State Prep-6

  • Little Yarra Steiner School

    Yarra Junction, VIC, 3797 Independent Prep-12

  • Don Valley Primary School

    Don Valley, VIC, 3139 State Prep-6

  • Gladysdale Primary School

    Gladysdale, VIC, 3797 State Prep-6

  • Wesburn Primary School

    Wesburn, VIC, 3799 State Prep-6

  • Upper Yarra Secondary College

    Yarra Junction, VIC, 3797 State 7-12

  • Cire Community School

    Lilydale, VIC, 3140 Independent 7-12

  • Millwarra Primary School

    Millgrove, VIC, 3799 State Prep-6

  • Yarra Junction Primary School

    Yarra Junction, VIC, 3797 State Prep-6

  • St Joseph's School

    Yarra Junction, VIC, 3797 Independent Prep-6


Property Story

Unit 2, 4 Herbert Street, Yarra Junction, Vic, 3797 is a residential property . The estimated distance to the sea is 50.21km and 0.36KM to vegatation considered to be a factor in bushfire risk.

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

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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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