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Pirron Yallock, VIC 3249
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$530,000
Median Unit
$250,000
Gross Yield (houses)
4.5%
1yr Growth
-
Investment snapshot for Pirron Yallock
Pirron Yallock has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Pirron Yallock market and investor summary
In Pirron Yallock, VIC 3249, the median house sells for around $530K, on a gross rental yield of 4.5% for houses. At 1.2% vacancy, it is a tight rental market that favours landlords.
For an investor, the rent-to-price profile sits mid-range: a gross house yield near 4.5% is neither a standout cashflow play nor a pure growth bet. Rental demand looks steady, with vacancy at 1.2% and a resident base that is not shrinking.
Living in Pirron Yallock: people, income and schools
Pirron Yallock has a resident population of roughly 132, a number that has held fairly steady over five years. At a median age of 53, it reads as an older, established demographic, and 88% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
The typical household income runs to around $74,000 a year (about $1,430 a week). On socio-economic measures it ranks around the national middle on the ABS advantage index (6 out of 10). At current prices a median house runs to about 7.1 times local household income, in line with much of metropolitan Australia. Incomes have risen about 27% over five years, which tends to underpin what local buyers can pay.
Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 132
- +1% over 5yr
- Median age
- 53 years
- Median household income
- $74,000/yr
- Households renting
- 10%
- Family households
- 85%
- Socio-economic rank
- 6/10
- ABS advantage index
- Unemployment
- 1.3%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Pirron Yallock
View all →Frequently asked questions about Pirron Yallock
What should I check before investing in Pirron Yallock?
Pirron Yallock has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.7% gives a usable rent-to-price starting point. Tight rental market (1.2% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Pirron Yallock?
The median property price in Pirron Yallock, VIC 3249 is $530K for houses and $250K for units.
What rental yield does Pirron Yallock show?
The gross rental yield in Pirron Yallock is 4.5% for houses and 4.7% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
How tight is the rental market in Pirron Yallock?
The current vacancy rate in Pirron Yallock is 1.2%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in Pirron Yallock?
Pirron Yallock has a population of approximately 132 residents, with a median age of 53.
Is Pirron Yallock affordable to buy in?
A median house in Pirron Yallock costs about 7.1 times the median local household income (broadly in line with metropolitan Australia). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Pirron Yallock's population growing?
The population of Pirron Yallock has grown modestly, about 1% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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