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Yackandandah suburb profile

Yackandandah is a charming historic town nestled in Victoria's picturesque northeast, renowned for its well-preserved gold rush heritage and vibrant arts community. Surrounded by rolling hills and lush landscapes, it offers a serene escape with a strong sense of community. The town's main street is lined with heritage buildings, boutique shops, and cozy cafes, reflecting its rich history and welcoming atmosphere. Yackandandah hosts a variety of cultural events and festivals, attracting visitors and locals alike. Its proximity to the scenic beauty of the Victorian Alps and local wineries adds to its appeal as a destination for nature lovers and those seeking a peaceful rural lifestyle.

Yackandandah property market performance

Yackandandah’s property market has shown modest growth over the past 12 months, with house values increasing by 4.3%. However, the median house price remains at $0, indicating limited data or transactions. No units were sold, and the median unit price also stands at $0, reflecting a lack of activity in the unit market.

Sales activity has been minimal, with only 8 houses sold in the past 12 months. Houses are taking longer to sell, with a median of 63 days on the market, suggesting a slower pace in the housing sector.

The rental market for houses in Yackandandah has seen a 6.4% increase in average rent over the last 12 months, reaching $500. There is no available data for unit rentals, indicating a potential gap in the rental market for units.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
10.6%N/A
Sold
Past 3 months
8N/A
Median days on market
Past 12 months
51N/A
Average rent
Past 12 months
$500N/A
Change in rent
Past 12 months
4.2%N/A

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Yackandandah demographics

Yackandandah, a charming town nestled in Victoria's picturesque northeast, is renowned for its rich history and vibrant community spirit. With a population of 2,008, it offers a serene lifestyle that appeals to both families and retirees. The median age of 50 reflects a mature community, with many residents enjoying the town's tranquil environment and strong sense of community.

The town's housing landscape is characterized by a high rate of home ownership, with 46.6% of properties owned outright and 36.3% owned with a mortgage. This indicates a stable and established community, with many long-term residents. Only 17.1% of properties are rented, suggesting a preference for home ownership among the locals. The median total household income of $1,674 per week supports a comfortable lifestyle in this idyllic setting.

Family dynamics in Yackandandah are diverse, with couple families without children making up 50.4% of the population, while couple families with children account for 39.8%. The presence of one-parent families is relatively low at 9.8%, and there are no other family types recorded. This family composition highlights the town's appeal to both established families and those seeking a quieter, more relaxed way of life. Yackandandah's blend of historical charm, community focus, and scenic beauty makes it a desirable location for those looking to escape the hustle and bustle of city life.

Suburbs near Yackandandah

Some popular suburbs near Yackandandah include:

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