Question 1

Is Yallourn North a nice place to live?

Accepted Answer

Yallourn North is a small Gippsland town in the Latrobe Valley with a country-town feel, set among farmland and bushland. Tree-lined streets of modest weatherboard and brick houses sit alongside larger rural blocks. It is a community of 1,511 people with a median age of 42, and families are prominent; most homes are owner-occupied, which contributes to a settled, long-standing population. Day-to-day life centres on a compact town centre, community facilities, sporting grounds and regular local events, while regional hospitals, schools and larger shopping are a short drive along the valley roads.

Council and community funding are focused on local upgrades, with works planned for community buildings, the museum and pool changerooms and improvements to youth and recreation facilities, and a telecommunications monopole has been approved nearby. That combination points to a quieter, more spacious place that tends to suit people after an established community and roomier properties. Whether it fits you comes down to what you value in a suburb.

Question 2

Is it expensive to live in Yallourn North?

Accepted Answer

There haven't been enough recent sales or rentals in Yallourn North to publish reliable house or unit price and rent figures. With only the local median household income recorded at the most recent Census ($1,276 a week) available, it's not possible to say how expensive it is to live in Yallourn North compared with local incomes.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Yallourn North a good place to invest?

Accepted Answer

House values climbed 8.5% over the past 12 months, a solid rise in what houses are worth. If capital growth is your priority, that 8.5% movement is the figure to focus on when considering Yallourn North as an investment.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	8.5%	N/A
Sold Past 3 months	5	N/A
Median days on market Past 12 months	37	N/A
Average rent Past 12 months	N/A	N/A
Change in rent Past 12 months	N/A	N/A

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