Free full calculator โ†’
Suburb Insights ยท VIC 3139

Yellingbo 3139, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Yellingbo is a well-established middle-ring suburb of Melbourne, Australia, with a population of approximately 582, making it a boutique locality. Located approximately 50 km from the Melbourne CBD, Yellingbo is a middle ring area in Victoria. The median household income is $103,532 AUD per year (ABS 2021 Census).

Investment Score

55 / 100 Moderate

Above-average earnings in Yellingbo support sustained property values. Greater distance from the CBD may temper short-term capital growth.

Location

Map shows Yellingbo, Victoria, Australia.

Key Indicators

Postcode
3139

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

Australia Post Postcode Finder โ†’
Population
582

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.

State Rental Authority โ†’
Median Household Income
$103,532/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.

Find schools near Yellingbo on My School โ†’
Parks & green spaces
1

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

Median Mortgage (monthly)
$2,189/mo

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

ABS Census Data โ†’
Dwelling Type
89% 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

Yellingbo'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 $2,189/month. A median household income of $103,532/year supports premium property values and indicates a well-employed resident base. 89% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

โœ…
Buy & Hold

Solid fundamentals in Yellingbo support capital growth over a medium to long hold period.

โš ๏ธ
Rental Yield

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

โŒ
Renovation / Flip

Renovation or flip strategies in Yellingbo face headwinds from a smaller buyer pool and slower turnover.

Risk Factors

Run the numbers on a Yellingbo property

Full Property Analysis

30-year projections for Yellingbo

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

Create free account โ†’
Or jump straight to a calculator: Loan Serviceability First Home Buyer Grants

2026 Outlook

Growth: Strong Rental Demand: Moderate Investor Sentiment: Moderate

The outlook for capital growth in Yellingbo is encouraging heading into 2026, driven by constrained supply and buyer competition. Rental demand is expected to be stable, though landlords may need to remain competitive on pricing. Investor sentiment is cautiously optimistic โ€” selective opportunities exist for well-researched buyers.

Frequently Asked Questions

Is Yellingbo a good suburb for investment?

Yellingbo is a middle ring area in Victoria with a population of 582. The median rent is $340/week and the median household income is $103,532/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 Yellingbo?

Key demand drivers in Yellingbo include established amenities and transport access. 89% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Yellingbo?

According to the ABS 2021 Census, Yellingbo has a population of approximately 582. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Yellingbo from the Melbourne CBD?

Yellingbo 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.

Explore Nearby Suburbs

Victoria Property Resources