Thinking about buying in Yallourn North? Now could not be a better time, with a whopping 853 properties either residential or commercial there's certainly plenty to choose from.
The average property price for this area is $281,000 with prices in this suburb ranging from $168,000 to $605,000.Distance to the coast is 56 Km.
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.
|Median Weekly Rent||$171.00|
|Median Monthly Mortgage||$1111.80|
|Median Persons Per Bedroom||0.76|
|Average Household Size||2.40|
|Average Cars Per Dwelling||2.57|
|Average Properties Within 50M||6.00|
|24 ANDERSON AV, YALLOURN NORTH, VIC, 3825||3||1||1||$319,000|
|79 NORTH RD, YALLOURN NORTH, VIC, 3825||3||2||$325,000 - $345,000|
|3 MARSHALL ST, YALLOURN NORTH, VIC, 3825||$150,000|
|95 SAVIGES RD, YALLOURN NORTH, VIC, 3825||4||4||10||$1,350,000|
Yallourn North Primary School(While the above schools are located with the suburb of Yallourn North there may also be nearby schools whose catchments cover this suburb)
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source: Australian Government Bureau of Meteorology
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