Yallambie
Household income in the 88.5th percentile nationally, a 92.2% price rise over 14 years, and a crime rate of just 16.8 per 1,000 residents make Yallambie one of Melbourne's more quietly affluent northern suburbs. The 4,161-person suburb sits on 2.93 km2 and is overwhelmingly detached housing, with 89.3% separate houses and almost no apartments. University-educated residents reach 41.6%, which is 11.5 points above the national figure. The identity here is stable, owner-occupied, and family-focused, with 39% of homes having 4 or more bedrooms and an average household size of 2.8.
Population
4,161
Median Age
35.0
Household IncomeiMedian weekly household income (ABS Census)
$2,320/wk
DAs (12 months)iDevelopment Applications lodged in the past year
0
Median House
$1.0M
Apr-Jun 2024
The median house price reached $1,023,500 in the April to June 2024 quarter, sitting 4.0% below the Oct-Dec 2023 peak of $1,066,000, which gives buyers a modest entry discount from the top. Long-term appreciation is compelling: the median has risen 92.2% since 2013, equal to a compound annual growth rate of 4.8% over 14 years. The stock is almost entirely separate houses at 89.3%, so buyers are not competing across mixed dwelling types. Three-bedroom homes dominate at 56.3% and 4-plus bedroom homes account for 39%, which is higher than most Melbourne suburbs. Monthly mortgage repayments average $2,167 and the mortgage-to-income ratio sits at 21.6%, well below the 30% stress threshold. Outright owners at 34.3% and mortgaged households at 39.2% make up a combined 73.5% ownership rate.
For Buyers
The median house price reached $1,023,500 in the April to June 2024 quarter, sitting 4.0% below the Oct-Dec 2023 peak of $1,066,000, which gives buyers a modest entry discount from the top. Long-term appreciation is compelling: the median has risen 92.2% since 2013, equal to a compound annual growth rate of 4.8% over 14 years. The stock is almost entirely separate houses at 89.3%, so buyers are not competing across mixed dwelling types. Three-bedroom homes dominate at 56.3% and 4-plus bedroom homes account for 39%, which is higher than most Melbourne suburbs. Monthly mortgage repayments average $2,167 and the mortgage-to-income ratio sits at 21.6%, well below the 30% stress threshold. Outright owners at 34.3% and mortgaged households at 39.2% make up a combined 73.5% ownership rate.
For Investors
Renters account for 26.5% of households, a moderate pool for a suburb of this price tier. Weekly rent sits at $340, which against the $1,023,500 median implies a gross yield below 2%, consistent with a capital-growth rather than income-focused market. The vacancy rate of 5.4% is elevated compared to tighter rental markets and warrants monitoring before acquiring investment stock. Net overseas migration adds 244 residents annually, which is the primary population driver and signals ongoing rental demand. Net internal migration runs at negative 256 per year, meaning Yallambie loses more residents to other parts of Australia than it gains, a counterbalance to overseas inflow. No development applications were recorded in the past 12 months, so supply pressure from new dwellings is minimal.
Schools in Yallambie iICSEA: school advantage index. 1000 = national avg, higher = more advantaged
Streeton Primary School
Prep-6 · 144 students
Demographics
The median age of 35 is 5.0 years below the national figure, reflecting a younger-skewing population compared to the national average. University qualifications reach 41.6%, which is 11.5 points above national, placing the suburb firmly in the higher-education tier. Overseas-born residents sit at 21.5%, broadly in line with the national rate at only 0.1 points below. Ancestry is predominantly Anglo-Celtic: English (1,441 residents), Irish (490) and Scottish (436) are the top three groups. Italian (386 residents) adds a distinct Southern European presence. Non-English home languages include Mandarin (55 speakers), Italian (27) and Cantonese (22), modest counts consistent with the suburb's largely English-speaking demographic profile. Average household size of 2.8 is 0.3 above national, reflecting the high share of family households.
Age Distribution
Bedrooms
Dwelling Structure
89.3%
Houses
10.5%
Townhouse
0.2%
Apartment
Tenure
The long-term price record spans 14 years from a 2013 base of $532,500 to a 2024 latest of $1,023,500, a 92.2% gain at a 4.8% CAGR, which compares favourably to many comparable Melbourne outer-ring suburbs. The Oct-Dec 2023 peak of $1,066,000 has not been recovered, and the latest reading sits 4.0% below that peak. Tenure is strongly owner-weighted: 34.3% own outright and 39.2% are on a mortgage, while renters make up only 26.5%, lower than the Melbourne metropolitan average. Dwelling type is almost uniformly detached, with 89.3% separate houses and just 0.2% apartments. Bedroom distribution skews large: 56.3% are three-bedroom homes and 39% have four or more bedrooms. Mortgage-to-income at 21.6% and rent-to-income at 14.7% both sit below stress thresholds, signalling that residents carry manageable housing costs.
Median House Price Trend
Source: State Valuer-General
Mortgage / mo
$2,167
Rent / wk
$340
HH Size
2.8
Personal Income / wk
$1,021
Vacancy Ratei% of dwellings unoccupied on Census night (ABS 2021)
5.4%
Unoccupied
75
Rent / IncomeiMedian rent as % of household income. Over 30% = housing stress
14.7%
Mortgage / IncomeiMedian mortgage as % of household income. Over 30% = housing stress
21.6%
Community Profile
Languages Spoken at Home
Ancestry
Household Composition
19.3%
Couples, no children
3,429
Total families
Economy & Employment
The local workforce tilts heavily toward public and knowledge-sector employment. Public Administration leads at 24.4% of employed residents (401 workers), followed by Healthcare at 16.0% (263) and Education at 12.4% (204). Professional/Tech services add 8.9% (147) and Construction 8.3% (137). By occupation, Professionals are the largest group at 603 workers, followed by Managers (341) and Community/Personal service roles (300). The unemployment rate of 4.2% sits modestly above the lowest-friction benchmarks, and the participation rate of 66.9% is broadly average. Real income grew 16.1% over the decade. Household income in the 88.5th percentile nationally reflects the professional mix, and SEIFA IRSD decile 9 confirms low relative disadvantage, placing Yallambie in the top 10% nationally.
Unemployment
2.3%
Labour Force
10,690
Unemployed
250
Quarterly Trend
Source: SALM Dec-25
Socio-Economic Indexes (SEIFA)iABS index ranking suburbs from 1 (most disadvantaged) to 10 (most advantaged)
Full-time
68.5%
Part-time
27.3%
Participation
66.9%
Employed
2,124
Occupations
Top Industries
University
41.6%
Postgraduate
12.0%
Born Overseas
21.5%
Dwellings
1,317
Transport to Work
The crime rate of 16.8 offences per 1,000 residents is notably low, with 70 total recorded offences, of which 54 are property and deception-related and only 9 are crimes against the person. SEIFA IRSAD decile 8 confirms the suburb ranks above average on combined advantage and disadvantage measures nationally. Households needing daily assistance are just 3.8% (152 people). Transport habits lean heavily car-dependent: 73.5% commute by car, while 18.0% walk or cycle, a high active-transport figure for Melbourne. Public transport use at 3.3% is low, which reflects the suburb's mid-ring location away from heavy rail. Volunteering reaches 14.6% of residents, above the typical community engagement rate. No schools were recorded inside the Yallambie boundary in this dataset, so families rely on nearby schools in adjacent suburbs.
Drive
73.5%
Public Transport
3.3%
Walk / Cycle
18.0%
Work from Home
N/A
Population Forecast
+0.08%/yr
(+16 people/yr)
EstablishedPopulation growth is slow but stable, with annual increase tracking at 0.08%, equal to roughly 16 additional persons per year. The 10-year change of 3.5% is modest by Melbourne standards. Medium projections put the SA2-level population (which includes Yallambie) at around 19,129 by 2031, up from 18,993 in 2025. The trajectory is classified as growing across all ages, with both the young-adult share up 1.5 points and the senior share up 2.0 points. The primary growth driver is overseas migration at a net positive 244 per year, which more than offsets the net internal outflow of negative 256 per year. Affordability has improved, with the housing cost ratio declining from 47.8% in 2011 to 44.4% in 2021. Gentrification scoring is low at 10 out of 100, consistent with an already well-established, non-transitional suburb.
Historical + Forecast
Hamilton-Perry + Holt smoothing on ERP 2001-2025
Age Cohort Forecast
Primary Driver
Overseas Migration
Net Overseas / yr
+244
Net Internal / yr
-256
Gentrification Signal
Not gentrifying
Net internal outflow -256/yr, Strong overseas inflow +244/yr
Safety & Crime
Total Offences
70
Year ending June 2024
Rate per 1,000 People
16.8
Offence Categories
Source: Crime Statistics Agency Victoria / SA Police
National Ranking iPercentile rank among ~15,000 AU suburbs. 90% = higher than 90% of suburbs
How Yallambie compares to ~15,000 Australian suburbs
Frequently Asked Questions
Is Yallambie a good suburb to live in?
Yallambie scores SEIFA IRSAD decile 9 nationally, placing it in the top 10% for low relative disadvantage. Household income sits in the 88.5th percentile, the crime rate is 16.8 per 1,000 residents, and mortgage-to-income is 21.6%, well below stress levels. The suburb suits families seeking stable, owner-occupied, low-density living.
What is the median house price in Yallambie?
The median house price was $1,023,500 in the April to June 2024 quarter, down 4.0% from the Oct-Dec 2023 peak of $1,066,000. Long-term prices have risen 92.2% since 2013, a 4.8% compound annual growth rate over 14 years. Weekly rent averages $340 and monthly mortgage repayments average $2,167.
What schools are in Yallambie?
No schools are recorded inside the Yallambie boundary in this dataset. Families draw on schools in neighbouring suburbs. The suburb's population is highly educated, with 41.6% holding university qualifications, which is 11.5 points above the national figure.
Is Yallambie safe?
Yallambie recorded just 70 total offences in the latest period, giving a crime rate of 16.8 per 1,000 residents. Of those, 54 were property and deception offences and 9 were crimes against the person. The SEIFA IRSD decile 9 ranking confirms very low relative disadvantage compared to most Australian suburbs.
Is Yallambie good for property investment?
Prices have grown 92.2% over 14 years at a 4.8% CAGR, which supports the long-term capital case. However, weekly rent of $340 against the $1,023,500 median implies a gross yield below 2%, and the 5.4% vacancy rate is elevated. Net overseas migration of 244 per year supports rental demand, but internal outflow of negative 256 per year is a counterbalance.
How is Yallambie's population changing?
Annual population growth sits at 0.08%, adding approximately 16 persons per year. The 10-year change is 3.5%. Medium projections point to the broader SA2 area reaching around 19,129 residents by 2031. Overseas migration of 244 per year is the primary driver, offsetting net internal outflow of 256 per year.
How to read these comparisons
Phrases like "above the national average" reference the unweighted median across Australian suburbs with more than 1,000 residents, not population-weighted national figures. Suburb-level medians are more useful for ranking suburbs against each other; ABS census headlines are population-weighted (so dominated by Sydney and Melbourne) and can read very differently.
Current baseline (refreshed 2026-05-10): median age 40, university-educated 30.1%, born overseas 21.6%, average household size 2.5 people.
Data sources: ABS 2021 Census (demographics, income, tenure), state Valuer-General (house prices), Department of Jobs SALM (unemployment), ACARA (school ICSEA), state Crime Statistics agencies (offences), council DA portals (development applications). Population forecasts use a Hamilton-Perry cohort model calibrated to ABS ERP.
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