Yarra Junction suburb profile
Yarra Junction is a country town in the Yarra Valley, sitting where river flats meet forested foothills in the Yarra Ranges. It has a compact village heart with shops, a pub and community facilities, and a character shaped by its timber-town past and low-rise, largely single-storey housing that ranges from period weatherboard cottages to modest family homes and small rural properties. Outdoor recreation is a strong draw, with the Yarra River, nearby state forest and the Lilydale to Warburton Rail Trail offering walking, cycling and bushwalking. The suburb suits people after a quieter, bush-oriented lifestyle who still want basic services close at hand.
Yarra Junction property market performance
Yarra Junction has relatively few property sales, so there isn't enough recent data to publish a reliable median price for houses or units. The figures that are available show house values rose a solid 5.8% over the last 12 months.
Over the last 3 months there were 12 house sales and 1 unit sale. Houses sold in a median of 43 days.
The rental market in Yarra Junction saw house rents average $595 a week, and house rents were up a notable 8.2% over the last 12 months.
| Houses | Units | |
|---|---|---|
Median price Past 3 months | N/A | N/A |
Change in value Past 12 months | 5.8% | N/A |
Sold Past 3 months | 12 | 1 |
Median days on market Past 12 months | 43 | N/A |
Average rent Past 12 months | $595 | N/A |
Change in rent Past 12 months | 8.2% | N/A |
5 year median price trend for houses and units
Yarra Junction demographics
Yarra Junction is a community of 2,875 people with a median age of 43. The median total household income is $1,302 a week, roughly $67,700 a year.
Families are the dominant household type: couple families with children are the largest group at 43.5%, and together with couple families without children (37.9%) they make up 81.4% of families. One-parent families represent 17.6% and other families 1.0%.
Homes in Yarra Junction are predominantly owner-occupied: 38.4% are owned outright and 42.9% are owned with a mortgage (a combined 81.3%), while 18.7% of dwellings are rented.
Suburbs near Yarra Junction
Some popular suburbs near Yarra Junction include:
How does Yarra Junction compare to nearby suburbs?
- House price growth: Over the past 12 months, house prices in Yarra Junction have grown 29.0% higher than in Wesburn.
- Selling speed for houses: Properties in Yarra Junction are selling 12.2% faster than in Wesburn.
- Investment considerations: In Yarra Junction, the rental yield for house is 6.2% lower than the Melbourne average, while the rental yield for units is 26.7% lower.
- House price growth: Over the past 12 months, house prices in Yarra Junction have grown 25.7% lower than the average rate of growth across Melbourne.
- Unit price growth:Over the past 12 months, unit prices in Yarra Junction have grown 4.4% higher than the average rate of growth for units across Melbourne.

