Question 1

Is Yellingbo a nice place to live?

Accepted Answer

Yellingbo is a small rural locality in the Yarra Ranges, set among remnant bushland and farming blocks and anchored by the Yellingbo Nature Conservation Reserve and wooded creeklines. The setting attracts birdlife and people who enjoy bushwalking and low-impact outdoor pursuits. Properties range from timber cottages on leafy streets to hobby farms and larger bush blocks, and local services are limited so residents rely on nearby town centres for shops and schools.

The community is small — 582 people with a median age of 46 — and families make up the core, with couple families with children (49.1%) and without children (43.0%) together accounting for 92.1% of families. Owner-occupation is dominant (94.8% owner-occupiers). The suburb is also the focus of the Yellingbo (Liwik Barring) Landscape Conservation Area program, with on-ground works, changes to land management and conservation operations under way, including some temporary park closures tied to those activities.

Question 2

Is it expensive to live in Yellingbo?

Accepted Answer

Yellingbo hasn't had enough recent sales or rentals to put reliable figures on what homes cost to buy or rent. Without those figures, it isn't possible to describe how expensive it is to live in Yellingbo 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 Yellingbo a good place to invest?

Accepted Answer

There haven't been enough recent sales in Yellingbo to put reliable 12-month figures on how house or unit values and rents changed this year. Without those published figures, there isn't a clear picture of how the suburb has performed as an investment over the past year.

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.

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