Real Estate Yarragon Vic 3823

Real Estate Market: Is Yarragon VIC 3823 a Good Suburb to Buy Into?

Housing Market in Yarragon

Key Yarragon Metrics & Forecast to 2028

Sources: Property Listings and Microburbs, 2002 - 2023

Field	Value	VS Latrobe	Trend
Capital Growth Forecast: Houses	Premium	Premium	Premium
Capital Growth Forecast: Houses (2-Year Outlook)	Premium	Premium	Premium
Median yield for houses	Premium	Premium	Premium
Smart median rent: All houses	$482	Bottom 16%	173% to Mar 2025
Smart median sale price: All houses	Premium	Premium	Premium

Housing Supply in Yarragon

Yarragon Real Estate Investor Report

Sample Graphic

The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023

Yarragon

28.1%

Latrobe

33.6%

Compare
Suburbs

Field	Value	VS Latrobe	Trend
Development applications	111	Top 17%	to Jun 2025
Developments	0.4	Bottom 27%	Data for Jul 2023
Housing Stock Quality Indicator	41.2	Top 17%	Data for May 2023
Total new residential buildings value (SA2)	Premium	Premium	Premium
Days on market: houses	Premium	Premium	Premium
Days on market: units	Premium	Premium	Premium
Number of Subdivisions	23 lots	Top 24%	1050% to May 2023
Volume of houses sold in the last 30 days	Premium	Premium	Premium
Volume of units sold in the last 30 days	Premium	Premium	Premium
Stock on Market	15	Top 11%	650% to Mar 2025

Housing Stock Quality in Yarragon

The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023

Field	Value	VS Latrobe	Trend
Houses	97.9%	Bottom 33%	0% to Jan 2021
Average bedrooms - all homes	2.4	Bottom 42%	58% to Jan 2021
NBN connection: fibreoptic cable to node	1.4%	Top 20%	Data for Jun 2023

Development Restrictions in Yarragon

Yarragon Zoning Map

Sample Graphic

The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023

Yarragon

48.5%

Latrobe

30.6%

Compare
Suburbs

Field	Value	VS Latrobe	Trend
Total area	55.0 sq km	Top 20%	Data for Jan 2021
Heritage overlay total area	0.1 sq km	Top 39%	Data for Jun 2023
Residential density	856 sqm per resident	Bottom 41%	Data for Jan 2021

Risk in Yarragon

Yarragon Risk Report

Sample Graphic

The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023

Yarragon

36.5

Latrobe

36.1

Compare
Suburbs

Field	Value	VS Latrobe	Trend
% Owner Occupied	89.2%	Bottom 39%	2% to May 2023
% Rentals	10.8%	Top 39%	23% to May 2023
Housing Affordability Index	29	Bottom 37%	Data for Jun 2023
Median monthly mortgage	$1,780	Bottom 41%	34% to May 2023
Rent Affordability Index (Houses)	82	Top 23%	Data for Jun 2023
Rent Affordability Index (Units)	80	Top 22%	Data for Jun 2023
Mortgage as a percent of income	25.3%	Top 33%	4% to Jan 2021
Mortgaged Dwellings	43.7%	Top 36%	12% to May 2023

Housing Demand in Yarragon

The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN, Property Listings and Microburbs, 2004 - 2030

Yarragon

55.4%

Latrobe

55.8%

Compare
Suburbs

Field	Value	VS Latrobe	Trend
Net internal migration (LGA)	Premium	Premium	Premium
Net overseas migration (LGA)	Premium	Premium	Premium
Future Population (SA2)	9830	Bottom 38%	18% to Dec 2036
Historical Population (SA3)	60800	Bottom 45%	69% to Dec 2023
Historical population growth	Premium	Premium	Premium
Population (LGA)	65600	Top 22%	82% to Dec 2030
Population Projection (LGA)	Premium	Premium	Premium
Auction clearance rate	Premium	Premium	Premium
Proportion of distressed listings	Premium	Premium	Premium
Vacancy rate	Premium	Premium	Premium

Unit Market in Yarragon

Yarragon Unit Investor Report

Sample Graphic

Sources: Property Listings and Microburbs, 2002 - 2023

Field	Value	VS Latrobe	Trend
Median yield for units	Premium	Premium	Premium
Smart median rent: All units	$341	Bottom 6%	127% to Mar 2025
Smart median sale price: All units	Premium	Premium	Premium
Unit to house ratio	88.3%	Top 20%	27% to Mar 2025

Realtors (1)

Headline	Place	Datetime
Elders Real Estate Yarragon	2/117 Princes Hwy

Accommodation Options (2)

Businesses (15)

Name	Address
Elders Real Estate Yarragon	2/117 Princes Hwy, Yarragon VIC 3823, Australia
StuMac Plastering	10 Campbell St, Yarragon VIC 3823, Australia
ADI Building Services P/L	50, Woodlawn Blv
Commercial Sheds	63, Princes Hwy
Highroad Building Group Pty Ltd

LGA Details (1)

Headline	Place	Datetime
Local government area	Baw Baw

Median House Rental Prices by Street (6)

Street	Date	Median rent (per week)
Hazeldean Rd	22 Mar 2025	$560
Linnea Dr	22 Mar 2025	$560
Woodlawn Bvd	13 Mar 2025	$488
Market St	16 Feb 2025	$450
Loch St	15 Jan 2025	$442

Percent of Renters by Street (63)

Percent of Renters	Street
38.9%	Cemetery Rd
0.0%	Ambrose Ct
0.0%	Andersons Rd
9.1%	Applebox Cr
46.2%	Araluen Rd

Turnover Rate by Street (56)

Turnover rate	Street	Turnover Label	Turnover Years	Year
100.0%	Winston St	high turnover	Every 10.0 years (high turnover)	2025
116.0%	Rodier Rd	very high turnover	Every 8.6 years (very high turnover)	2025
106.7%	Durling Cl	high turnover	Every 9.4 years (high turnover)	2025
86.7%	Loch St	average turnover	Every 11.5 years (average turnover)	2025
110.0%	Applebox Cr	very high turnover	Every 9.1 years (very high turnover)	2025

Median Unit Sale Prices by Street (54)

Date	Median sale value	Street
06 Oct 2023	$247,100	Market St
10 May 2024	$2,350,000	Hazeldean Rd
06 Oct 2023	$439,000	Willow Bvd
06 Oct 2023	$400,600	Princes Hwy
06 Oct 2023	$823,400	Campbell St

Recently Sold Houses (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
26 Market St	$355,000	2.0	1.0	1.0	14 Mar 2025	On Market
1-3 Winston St	Price Withheld	0.0	0.0	0.0	12 Mar 2025	On Market
113 Loch St	$630,000	3.0	2.0	2.0	06 Mar 2025	On Market
31 Winston St	Price Withheld	3.0	2.0	2.0	24 Feb 2025	On Market
17 Woodlawn Bvd	Price Withheld	3.0	2.0	4.0	12 Feb 2025	On Market

Planning Applications: Other (7)

Headline	Place	Date
The construction of a workshop and associated office, carpark and a truck tarping shelter. - Baw Baw Shire Council PLA0107/24	1836 Waterloo Road Yarragon VIC 3823, VIC	25 Sep 2024
The garage on Lot 58 (No.37) Applebox Crescent DOES NOT comply with MCP AA7065 in relation to the eaves. To rectify this situation, our client has purchased a strip of land 900mm wide from Lot 57 (No.35). We are therefore lodging a Plan of Subdivision to re-align the common boundary between the two lots. - Streamlined Planning through Electronic Applications and Referrals S209286P	35 Applebox Crescent, Yarragon VIC 3823	27 Mar 2023
App.Online - Transfer of licence to Company - Victorian Commission for Gambling and Liquor Regulation 52542A03	115B Princess Highway, Yarragon 3823, VIC	08 Jul 2022
Variation of Licence - Victorian Commission for Gambling and Liquor Regulation 12714A07	123-125 Princes Highway, Yarragon 3820, VIC	19 Nov 2021
App.Online - Transfer of licence to Company - Victorian Commission for Gambling and Liquor Regulation 45734A04	Lot 2, Rollo Street, Yarragon 3823, VIC	13 Jul 2021

Planning Applications: Dwellings (10)

Headline	Place	Date
The construction of a workshop and associated office, carpark and a truck tarping shelter. - Baw Baw Shire Council PLA0107/24	1836 Waterloo Road Yarragon VIC 3823, VIC	25 Sep 2024
Change of use to existing dwelling for use of short-term accommodation, and development of a new dwelling - Baw Baw Shire Council PLA0295/23	452 Hazeldean Road Yarragon 3823, VIC	07 Sep 2024
Use and Development of a Second Dwelling and 2 Lot Subdivision - Baw Baw Shire Council PLA0203/23	8 Winston Street Yarragon VIC 3823, VIC	15 Nov 2023
Residential Subdivision into 18 Lots. - Streamlined Planning through Electronic Applications and Referrals S200706B	38 Hazeldean Road, Yarragon VIC 3823	06 Sep 2022
Use and develop land for dwelling, camping and caravan park (glamping) and use land for outdoor recreation facility (segway tours) - Baw Baw Shire Council PLA0369/21	109 Andersons Road Yarragon VIC 3823, VIC	29 Jul 2022

Planning Applications: Industrial (1)

Headline	Place	Date
Use and development of an office, warehouse and reduce the required number of car parking spaces - Baw Baw Shire Council PLA0101/21	Waterloo Road Yarragon, VIC	24 Jun 2021

Median House Sale Prices by Street (100)

Street	Date	Median sale value
Acacia Ct	31 May 2024	447900.0
Campbell St	06 Oct 2023	$631,700
Applebox Cr	06 Oct 2023	$477,500
Ambrose Ct	06 Oct 2023	$458,900
Paper Bark Dr	06 Oct 2023	$518,700

Recent Rental Unit Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
Unit 1, 35 Market St	$350	2.0	1.0	1.0	16 Feb 2024
Unit 1, 35 Market St	$350	2.0	1.0	1.0	16 Feb 2024
Unit 1, 35 Market St	$350	2.0	1.0	1.0	16 Feb 2024
Unit 1, 35 Market St	$350	2.0	1.0	1.0	16 Feb 2024
Unit 1, 35 Market St	$350	2.0	1.0	1.0	16 Feb 2024

Recent Rental House Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
49 Market St	$520	3	2	2	20 Mar 2025
Unit 5, 135 Princes Hwy	$440	3	2	1	20 Mar 2025
Unit 5, 135 Princes Hwy	$440	3	2	1	20 Mar 2025
Unit 5, 135 Princes Hwy	$440	3	2	1	20 Mar 2025
49 Market St	$520	3	2	2	19 Mar 2025

Recently Sold Units (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
Unit 2, 135 Princes Hwy	$480,000	3.0	2.0	2.0	17 Dec 2024	On Market
Unit 2, 135 Princes Hwy	$480,000	3.0	2.0	2.0	17 Dec 2024	On Market
Unit 2, 135 Princes Hwy	$480,000	3.0	2.0	2.0	17 Dec 2024	On Market
Unit 2, 135 Princes Hwy	$480,000	3.0	2.0	2.0	17 Dec 2024	On Market
Unit 2, 135 Princes Hwy	$480,000	3.0	2.0	2.0	17 Dec 2024	On Market