Yarraville

Yarraville, situated approximately 8 km west of Melbourne’s Central Business District, is part of the City of Maribyrnong.

This vibrant suburb is known for its unique blend of artistic culture, community spirit, and historical charm, making it a popular choice for diverse residents.

Demographic Profile

• Population: As of the 2021 census, Yarraville’s population was approximately 15,636.
• Predominant Age Group: Attracts a diverse age group, particularly popular among young professionals and families.
• Median Household Income: Reflects the diverse socio-economic background of its residents, with a mix of both high and moderate-income households.
• Occupancy: A balance of homeowners and renters, with various housing types, from Victorian-era homes to modern apartments.

Real Estate and Growth

• Median House Prices: The median house price in Yarraville is around AUD 1,020,000.
• Median Unit Prices: The median price for units and apartments is approximately AUD 590,000.
• Rental Market: The median house rent is about AUD 450 per week, while for units, it’s around AUD 380 per week.
• Market Trends: Yarraville has experienced significant growth and is famous for its lifestyle, location, and character homes.

Education and Lifestyle

• Schools: Home to several reputable schools, including Yarraville West Primary School and Footscray City College.
• Local Vibe: Known for its artsy and eclectic atmosphere, Yarraville hosts a variety of cafes, boutique shops, and the iconic Sun Theatre.
• Community Insights: The suburb is celebrated for its strong sense of community, vibrant arts scene, and village-like feel.

Transportation

• Public Transport: Well-connected with the Yarraville train station and numerous bus routes, offering easy access to Melbourne CBD and surrounding areas.
• Accessibility: Convenient access to major arterials, including the West Gate Freeway.

Notable Features

• Proximity to Cultural Attractions: Close to the Sun Theatre, an art deco cinema, and the Yarraville Village, known for its unique shopping and dining experiences.
• Recreational Areas: Features several parks and recreational areas, including the Yarraville Gardens, offering green spaces for relaxation and community events.

Yarraville is an appealing suburb for those who appreciate a mix of historical charm, artistic culture, and a strong community spirit. Its thriving village atmosphere, various housing options, and proximity to the city make it a desirable location for a wide range of residents.