Yinnar South

Yinnar South, VIC 3869 is a small suburb with a population of 675 residents. The majority of residents fall within the age brackets of 45 to 64 years. The suburb has a diverse occupation mix with a significant number of professionals, technicians, and tradeworkers. The median household income is relatively high at $1,800 per week. Commuting trends show a preference for motor vehicles, with a growing trend of working from home. The suburb has a low percentage of residents walking to commute. Yinnar South presents a potential opportunity for property investors interested in houses. With a median house price of $770,000, the suburb has shown consistent growth in median prices over the past years. The high sale price IQR ratio indicates the presence of renovation opportunities. The market shows steady demand with low days on market and positive online search interest. The rental yield is moderate at 4.1% with a rental price median of $600 per week. Yinnar South, VIC 3869 offers a peaceful lifestyle for residents with a strong sense of community. The suburb's property market, particularly for houses, presents good potential for investors looking to capitalize on renovation opportunities. With a high median household income, diverse occupation mix, and a growing trend of working from home, Yinnar South is a suburb worth considering for both homebuyers and property developers. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022