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Over the years Yarraville’s median price growth has outperformed Melbourne’s average as the area gentrified. With a new wave of middle class residents in the area wages (and therefore affordability) grew faster than the Melbourne average.
These new young residents have changed the face of this inner Melbourne suburb.
Situated 8 kms to Melbourne’s Central Business District, Yarraville and its neighbouring suburbs have been restored to their natural glory over the last 20 plus years as the area has gentrified.
Yarraville residents would be best described as relaxed, friendly and have a strong sense of community. The suburb has adapted well with local cafes & restaurants providing a good outlet for community gatherings.
The number or primary schools and kinder gardens within a 4 kilometre radius has been welcomed by young families that have settled over the last 15 years renovating/restoring the stunning Victorian, Edwardian, Californian Bungalows and post was homes as well as building their dream homes on generous allotments.
Period homes are the most sought after properties in Yarraville for property investment.
Victorian, Edwardian, Californian Bungalows and post war homes are the most common types of houses in Yarraville.
Parklands, sporting facilities, cafes, restaurants, Sun Theatre, Yarraville village.
The immediate area is home to cafes, eateries, supermarkets and other service providers.
More than 70% of homes in Yarraville have been restored over the last 15 years.
Stephen Street, Tuppen Street, Marystone Street, Ovens Street just to name a few.
Trains and buses.
Williamstown Road, Somerville Road & Francis Street.
Over the years the experiences Buyer’s Agents at Metropole have helped many property investors and home buyers purchase in this area. Why not click here and leave your details so we can be in contact and help you with your property search the best investment property for your portfolio in Yarraville.