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Suburb Insights ยท VIC 3085

Yallambie 3085, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Yallambie is a well-established middle-ring suburb of Melbourne, Australia, with a population of approximately 4,161, making it a boutique locality. Located approximately 15 km from the Melbourne CBD, Yallambie is a middle ring area in Victoria. The median household income is $120,640 AUD per year (ABS 2021 Census).

Investment Score

80 / 100 Good

Yallambie benefits from a high-income resident base, supporting premium property pricing. Close CBD access strengthens tenant appeal and resale value.

Location

Map shows Yallambie, Victoria, Australia.

Key Indicators

Postcode
3085

Official Australia Post postcode for Yallambie. A postcode may cover multiple suburbs.

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Population
4,161

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

ABS Census Data โ†’
Median Rent (weekly)
$340/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
$120,640/yr

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

ABS Census Data โ†’
Distance to CBD
15 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
2

Estimated 2 parks and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$2,167/mo

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

ABS Census Data โ†’
Dwelling Type
84% 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

Yallambie'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 $340/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $2,167/month. A median household income of $120,640/year supports premium property values and indicates a well-employed resident base. 84% 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, Yallambie is a natural candidate for patient investors.

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Rental Yield

Rental yields in Yallambie are moderate โ€” screen for properties that offer above-average returns.

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Renovation / Flip

Limited buyer depth in Yallambie makes flip strategies higher-risk โ€” consider rental conversion instead.

Risk Factors

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Full Property Analysis

30-year projections for Yallambie

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2026 Outlook

Growth: Strong Rental Demand: Moderate Investor Sentiment: Strong

Yallambie is well-positioned for continued price appreciation through 2026, underpinned by high household incomes and location appeal. Tenants in Yallambie have options โ€” presenting well-maintained properties is key to minimising vacancy. Confidence in Yallambie's medium-term prospects is reflected in sustained buyer interest.

Frequently Asked Questions

Is Yallambie a good suburb for investment?

Yallambie is a middle ring area in Victoria with a population of 4,161. The median rent is $340/week and the median household income is $120,640/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 Yallambie?

Key demand drivers in Yallambie include established amenities and transport access. 84% of dwellings are separate houses. The area has approximately 1 schools and 2 parks nearby.

What is the population of Yallambie?

According to the ABS 2021 Census, Yallambie has a population of approximately 4,161. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Yallambie from the Melbourne CBD?

Yallambie is approximately 15 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). This is within comfortable commuting range with good transport links.

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