Yallourn

Yallourn in VIC 3825 is a small suburb with a population of 143 residents. The age distribution is diverse, with a significant number of residents falling in the 45 to 64 years age group. Occupations in the area are varied, with a mix of professionals, technicians, and administrative workers. The suburb offers a median household income that supports a moderate standard of living, and the residents have a good balance between working from home and commuting by motor vehicle. Yallourn presents a unique opportunity for property investors interested in houses. With a relatively low number of properties but steady demand indicated by the number of sales, the suburb has potential for capital growth. The high sale price IQR ratio suggests it may be attractive to renovators. Additionally, the consistent population growth over the years indicates a stable and potentially growing market for housing investments. For units, due to the lack of data available, further research is recommended before considering investment. Yallourn is a small but promising suburb for property investment, particularly in the housing market. Its demographics show a mix of residents across different age groups and occupations, contributing to a diverse community. The suburb's affordability index and steady population growth make it an area worth considering for long-term investment strategies. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022