Market snapshot
Suburb insights for Yallambie3085
Change suburbYallambie is located 15 km north-east of the CBD. Yallambie is located in the middle north-eastern suburbs of Melbourne. The suburb is strongly influenced by the Simpson Army Barracks which occupies about half of the land area. The effect can also be seen with employment with almost 30% of the population working in the public administration and defence sector. In recent years much of the army land has been sold for residential development which has resulted in population growth.
Sales data
Median sale price
$1.1mil
Quarterly price change
17.2%
Metro Melbourne Comparison
$895k
-2.1%
| Bedrooms | Yallambie | Metro comparison |
|---|---|---|
| 2 | - | $888,000 |
| 3 | $887,250 | $807,000 |
| 4 | $1,200,000 | $950,000 |
| Insight | Yallambie | Metro comparison |
|---|---|---|
| Clearance rate | 72.6% | |
| Days on market | 43 |
Rental data
Median weekly rent
$620
Rental yield
3.1%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Yallambie | Metro comparison |
|---|---|---|
| 2 | - | $575 |
| 3 | $600 | $550 |
| 4 | - | $600 |
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