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Suburb Insights ยท VIC 3139

Woori Yallock 3139, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Woori Yallock is a well-established middle-ring suburb of Melbourne, Australia, with a population of approximately 2,964, making it a boutique locality. Located approximately 50 km from the Melbourne CBD, Woori Yallock is a middle ring area in Victoria. The median household income is $81,900 AUD per year (ABS 2021 Census).

Investment Score

49 / 100 Moderate

Woori Yallock has a solid income profile that supports reliable occupancy rates. While further from the city, improving transport links could boost future demand.

Location

Map shows Woori Yallock, Victoria, Australia.

Key Indicators

Postcode
3139

Official Australia Post postcode for Woori Yallock. A postcode may cover multiple suburbs.

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Population
2,964

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$346/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$81,900/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
50 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,733/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
95% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

Woori Yallock's middle-ring location balances affordability with accessibility. These suburbs often benefit from established infrastructure, good schools, and transport links โ€” making them attractive to families and long-term tenants. The median rent of $346/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,733/month. The median household income of $81,900/year reflects a solid demographic, supporting sustainable rental demand. 95% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

With robust local demand and income levels, Woori Yallock is a natural candidate for patient investors.

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Rental Yield

Woori Yallock can deliver reasonable rental income, though yields are not the primary draw.

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Renovation / Flip

The resale market in Woori Yallock may not support quick-turnaround renovation projects.

Risk Factors

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Full Property Analysis

30-year projections for Woori Yallock

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2026 Outlook

Growth: Moderate Rental Demand: Moderate Investor Sentiment: Low

Property values in Woori Yallock should hold firm in 2026, with gradual appreciation tied to infrastructure and population trends. The rental market in Woori Yallock should see steady occupancy, with moderate upward pressure on rents. Woori Yallock is not a headline market, but contrarian investors may see long-term potential.

Frequently Asked Questions

Is Woori Yallock a good suburb for investment?

Woori Yallock is a middle ring area in Victoria with a population of 2,964. The median rent is $346/week and the median household income is $81,900/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Woori Yallock?

Key demand drivers in Woori Yallock include established amenities and transport access. 95% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Woori Yallock?

According to the ABS 2021 Census, Woori Yallock has a population of approximately 2,964. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Woori Yallock from the Melbourne CBD?

Woori Yallock is approximately 50 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). Road travel times will vary; check current mapping services for up-to-date routes.

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