Yarra Junction

Yarra Junction, located about 55 km east of Melbourne’s Central Business District, is a scenic suburb in the Shire of Yarra Ranges. Known for its stunning natural environment and proximity to the Yarra River, Yarra Junction is a picturesque and tranquil area, popular with those who appreciate a more rural lifestyle while still within Melbourne’s reach.

Demographic Profile

• Population: According to the 2021 census, the population of Yarra Junction was 2,875.
• Predominant Age Group: Attracts a diverse range of residents, including families, retirees, and individuals who enjoy a country lifestyle.
• Median Household Income: Generally aligns with the rural Victoria average, which can be lower than metropolitan Melbourne.
• Occupancy: The area has a higher homeownership rate, with fewer rentals than urban suburbs.

Real Estate and Growth

• Median House Prices: The median house price in Yarra Junction is around AUD 650,000, offering more affordable options compared to Melbourne’s inner suburbs.
• Rental Market: The median house rent is approximately AUD 380 per week.
• Market Trends: Yarra Junction has seen a steady interest in real estate, particularly those seeking more significant properties and a country lifestyle.

Education and Lifestyle

• Schools: Includes local primary schools and nearby secondary schools, catering to the community’s educational needs.
• Local Vibe: The suburb is known for its peaceful, rural atmosphere, community events, and local markets.
• Community Insights: Residents enjoy the tranquillity, the sense of community, and the natural beauty of the area, including access to the Yarra River and surrounding forests.

Transportation

• Public Transport: Limited public transport options, with a few local bus services. Most residents rely on cars for transportation.
• Accessibility: Good access to major roads connecting to Melbourne and surrounding areas.

Notable Features

• Proximity to Natural Attractions: Close to the Yarra River, Yarra Ranges National Park, and numerous walking trails and outdoor recreation areas.
• Community Amenities: Features local shops, cafes, and community facilities that cater to the daily needs of residents.

Yarra Junction is an ideal location for those seeking a rural lifestyle with the benefits of a supportive community and natural surroundings. Its affordable real estate market, serene environment, and proximity to natural attractions make it an appealing choice for diverse residents.