Question 1

Is Yerrinbool a nice place to live?

Accepted Answer

Yerrinbool is a small, bushland-fringed village in the Southern Highlands with a rural-residential feel. Properties range from weatherboard cottages on quiet streets to larger acreage blocks, and the settlement has a compact centre with basic services and a local railway station. Larger shops, schools and medical services are found in nearby Mittagong, while country lanes, native bush, and riding and walking opportunities reinforce its quiet village character.

Families dominate the suburb and it is home to about 1,200 people, with most homes owner-occupied (88.9%). Local planning highlights the community hall and the railway station, notes limited public transport and the need for footpaths and walking links, and council has allocated funds for refurbishment of the hall. Whether Yerrinbool suits you will come down to whether you want a settled, country-style village with regional services close by and outdoor recreation on the doorstep.

Question 2

Is it expensive to live in Yerrinbool?

Accepted Answer

House rents in Yerrinbool run to about $700 a week. Against the median total household income as recorded at the most recent Census, $1,944 a week, that rent would take about 36% of a typical local household's weekly income, a sizeable share. If you're renting rather than buying, that share is the figure that matters, and whether it feels expensive depends on your own income and circumstances.

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 Yerrinbool a good place to invest?

Accepted Answer

Over the past 12 months in Yerrinbool house values fell modestly, down 2.4%, while house rents rose sharply, up 18.6%. In plain terms, the capital value of houses eased over the year but the rent a house earns increased strongly, so rental income and capital growth moved in opposite directions over this period. If rental income is your priority, the rent change is the most relevant figure; if capital growth matters more, the value change is the one to focus on. Whether that makes Yerrinbool the right investment for you depends on your own goals and circumstances.

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	-2.4%	N/A
Sold Past 3 months	5	N/A
Median days on market Past 12 months	32	N/A
Average rent Past 12 months	$700	N/A
Change in rent Past 12 months	18.6%	N/A

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