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Yarrawarrah Suburb Insights

VIC
Location Information

Suburb Name

Yarrawarrah, VIC

Distance from CBD

18.2 km
Demographics

Population

2,733

Median Income

$45,292

Area Information

Area

1.24 km²

Population Density

2204 people/km²

Property Market

Median Price

$752,721

Annual Growth

+8.3%
Property Price Trend Analysis

Current Median Price

$752,721

Annual Growth

+8.3%

Quarterly Growth

+4.7%

Price Trends - Last 6 Months

2024-01

$974,845

+4%
2024-02

$734,206

+8.5%
2024-03

$867,000

+5.8%
2024-04

$428,398

+15%
2024-05

$1,036,118

+15.9%
2024-06

$675,216

+13.2%
Property Type Price Analysis
House

Median Price

$908,488

Growth Rate

+9.8%

Available Listings

444 properties

Apartment

Median Price

$668,106

Growth Rate

+6.9%

Available Listings

819 properties

Townhouse

Median Price

$875,443

Growth Rate

+9.5%

Available Listings

349 properties

Investment Potential Assessment
Investment Advantages
  • Annual growth exceeds 8% - excellent performance
  • Strong quarterly growth momentum
  • Diverse property types available
Considerations
  • Rising prices may affect affordability
  • Monitor interest rate changes
  • Consider long-term investment strategy