Delora

Yallambie house prices & rent trends — the risks to check before you buy

Yallambie is a suburb with a fairly mixed age profile — median age 35, among the most socio-economically advantaged areas in the state on the ABS's SEIFA index. Housing here is overwhelmingly standalone houses. The area is still light on cafés, shops and other everyday amenity. It's not served by train or tram. The median house price sits at $1,026,800. Worth weighing against who lives here and how the area is set up, before you look at the planning and risk checks below for a specific property in Yallambie.

Ready to look at a specific property here? See the due diligence hub for what to verify before you sign.

House median
$1,026,800
▼ 4.1%/yr
Unit median
no data
apartment / flat
Median rent
$340/wk
per week
Gross yield
1.7%
rent ÷ house price
SuburbHeritageFlood

Suburb boundary with planning overlays — toggle them top-right. Map © OpenStreetMap, © CARTO; overlays © Vicmap Planning.

Yallambie by the numbers

Cost & market
Typical house price
$1,026,800
median sale · ▼ 4.1% / yr
Typical rent
$340/wk
median weekly (Census 2021)
Rental yield
1.7%
gross — annual rent ÷ house price
Who lives here
Population
4,161
usual residents (Census 2021)
Owner-occupied
72%
26% rented
Median age
35 yrs
of residents
Personal income
$1,021/wk
median, per week
Household income
$2,320/wk
median, per week
Avg household size
2.8 people
people per home · 83% family households
Monthly mortgage
$2,167/mo
median repayment
Recorded crime
90 per 1,000 residents
a year, across all of Banyule council, not just Yallambie · around the state average
How advantaged the area is

Deciles 1–10 vs all Victorian areas — 10 = most advantaged — from the ABS SEIFA index. A demographic measure, not a house-price one. These three don’t always move together — a suburb with lots of renters or students, for example, can score high on education but lower on income and housing costs.

Overall advantage
10/10
Among Victoria's most advantaged areas
Economic resources
8/10
income, housing costs & wealth
Education & occupation
10/10
qualifications & skilled jobs
The homes here

Mix of dwelling types across the suburb (Census 2021)

Houses 89%Townhouses 10%Apartments 0%

Who owns and rents here (Census 2021)

Owned 72%Private rental 10%Social housing 2%
More detail on building height and bedroom mix (Census 2021)

Bedroom mix (share of all occupied dwellings):

  • 2 bedrooms: 4%
  • 3 bedrooms: 56%
  • 4 or more bedrooms: 39%

Not sure whether a house, townhouse or apartment suits you? Decide what to buy →

Location & lifestyle
Distance to the CBD
~15 km
from the suburb centre
Getting around
0 train · 0 tram · 18 bus
nearest train station ~1.7 km · counts are stop points, not stations (a station is often several)
Cafés & amenity density
0 cafés
Low café & amenity density — likely more car-dependent
Restaurants
0
places to eat nearby
Supermarkets
1
grocery stores nearby
Pharmacies
0
chemists nearby
Parks
24
green space nearby
Schools
1
primary & secondary
Nearest Centrelink
~2.5 km
outside the suburb
Zoning & planning controls — check before you buy

Land use across the suburb (planning zones)

Public / Parks 56%Residential 41%
Zoning
Public / Parks
mostly Commonwealth Land Not Controlled By Planning Scheme (CA) · 45% of the suburb
Heritage overlay
Low · 5%
2 named overlay areas (HO169, HO64) — oldest gazetted 2012
Flood overlay
Low · 6%
of the suburb — verify this address
Bushfire overlay
Very low · 0%
of the suburb — verify this address
Building & development controls

Planning overlays that can affect building, renovating or removing vegetation somewhere in Yallambie — confirm whether any apply to the specific address.

  • Design & Development Overlay — height, setback or design rules on new building
  • Vegetation Protection Overlay — a permit is needed to remove or lop protected trees
  • Significant Landscape Overlay — controls to protect the area’s landscape character
  • Environmental Significance Overlay — environmental values that constrain development
  • Development-contributions levy — new development pays an infrastructure contribution

Overlay colours reflect how much of the suburb an overlay covers — green under ~8%, amber ~8–20%, red above 20%. Public-acquisition, contamination (EAO) and floodway overlays are flagged (below) wherever they apply, because even a small area can include a specific property.
Recorded crime is a council-wide rate — every offence police logged over the latest year (theft, property damage, drug and traffic offences and the like, not only violent crime) divided by the council’s residents. A broad area signal, not a figure for this exact street.
All figures are suburb-level indicators, not property-specific — always confirm the exact address on the Section 32. Sources: ABS Census 2021, Valuer-General Victoria, DFFH Rental Report, Crime Statistics Agency Victoria, Vicmap Planning, Victorian Government UDP, Victorian Department of Education (schools & zones, via data.vic, CC BY 4.0), OpenStreetMap. What do these terms mean?

How Yallambie compares

Where Yallambie ranks against other suburbs on the measures buyers ask about — a higher bar isn’t always “better”, it’s just where this suburb sits.

Price
more expensive than 49%
Advantage
more advantaged than 79%
Recorded crime (council area)
lower recorded crime than 27%
Café & amenity density
denser in cafés & shops than 1%
CBD access
closer to the city than 69%
Price
more expensive than 29%
Advantage
more advantaged than 71%
Café & amenity density
denser in cafés & shops than 1%
CBD access
closer to the city than 41%

Prices & rents over time

How Yallambie’s market has moved — up to 12 years of sale prices and 20+ years of rents.

Median sale price over time
By year (Valuer-General Victoria). Small-suburb medians can swing year to year on a few big sales — read the trend, not the wiggles.
Houses
YearHouses
2024$1,032,500
2023$942,000
2022$1,023,000
2021$990,000
2020$832,500
2019$792,500
2018$810,000
2017$781,000
2016$713,500
2015$665,000
2014$579,500
2013$532,500

Planning changes in Yallambie

No zone changes or new planning overlays have been recorded on land in Yallambie since 2017 — its planning rules have stayed put over the period we track. That stability is itself worth knowing.

Source: Vicmap Planning Scheme History (2017–present). How Melbourne’s zoning actually changed over the decade →

Schools

Parts of Yallambie fall within 6 primary and 4 secondary government school catchments. 1 school is located within the suburb (1 government).

Government schools have address-based catchment zones; Catholic and independent schools set their own enrolment processes.

Zoned government schools
Catchments that cover part of Yallambie — a suburb can span several, and your exact address decides which applies. Confirm at findmyschool.vic.gov.au.
Primary
Lower Plenty Primary SchoolMacleod CollegeRosanna Golf Links Primary SchoolStreeton Primary SchoolViewbank Primary SchoolWatsonia Heights Primary School
Secondary
Greensborough Secondary CollegeMacleod CollegeMontmorency Secondary CollegeViewbank College
Schools in Yallambie
Every school physically located within the suburb, by sector and type.
Streeton Primary School · Government primary

What to check before you buy in Yallambie

Yallambie has relatively light heritage-overlay coverage (about 5%), though it can still apply to individual parcels. Parts of the suburb (about 6%) sit under flood-related overlays. The specific things worth confirming here, plus the two every buyer should check.

C1

Public Acquisition Overlay

Part of Yallambie is reserved for a future public work (e.g. a road or rail project) under a Public Acquisition Overlay — land it covers can be compulsorily acquired by the authority. Check whether this specific property is affected before you commit.

C2

Possible Heritage Overlay

Around 5% of Yallambie is heritage-overlaid. Verify whether this parcel is affected — it limits what you can change and adds permit steps to any renovation.

C3

Check for a flood overlay

Parts of Yallambie (~6%) sit under flood-related overlays. Confirm whether this address is affected.

C4

Easements & covenants

Check Section 3 for easements (e.g. drainage/sewer along a boundary — you usually can’t build over them) and restrictive covenants (single-dwelling, materials, height) that limit your plans.

C5

Owners corporation (if applicable)

Apartments and many townhouses in Yallambie are in an owners corporation. If so, the statement must include its certificate — review annual fees, any special levies, the maintenance fund and insurance.

Already under contract in Yallambie?

Buyer questions about Yallambie

What should I check in a Section 32 for Yallambie?

For Yallambie, pay particular attention to heritage overlays (about 5% of the suburb is affected), any flood-related overlay (~6%), easements and restrictive covenants on the title, and — for apartments — the owners-corporation certificate with its fees and any special levies.

Does Yallambie have heritage overlays?

Around 5% of Yallambie sits under a Heritage Overlay — common enough that it's worth confirming whether it applies to this specific parcel. It restricts demolition, extensions and even exterior paint colours, and a permit is needed for changes.

Is a free Section 32 review legal advice?

No. Delora gives a fast, plain-English review to help you understand the statement and ask better questions. Always have a licensed conveyancer or solicitor review the contract before you sign.

Neighbouring suburbs

The 6 suburbs that border Yallambie.

Browse all suburbs →

Learn how to use this page

The heritage, flood and bushfire figures above are suburb-wide — they tell you how common an overlay is here, not whether it applies to one specific address. Confirm via VicPlan and an in-person inspection before you rely on them.