Yarraville suburb profile

Melbourne suburbs

Yarraville suburb profile is important because this is a prominent suburb. We also consider this suburb to be in the Maribyrnong (C) area, or in vicinity of thereof. This means that we belive Yarraville to be in Maribyrnong (C), or it could mean that it is sufficiently close to Maribyrnong (C) for us to classify it as such.

Chances are you will come across Yarraville if you are searching for a house to buy or rent. There are a number of valuable metrics that can be used to help in our decisions on where to live, invest or play. Analysing a suburb is important. This, along with another information, could help an investor, renter or home buyer to make better decisions. We are all about empowering people and reducing the chances they will get a dud investment or purchase a home in a suburb they don’t like. This is Yarraville information.

About the city where Yarraville is located

Melbourne is a beautiful, quickly growing city. It is the capital of Victoria and one of the largest cities in Australia. The southern capital city offers a bit for everyone. From great museums, beautiful parks and to great gourmet experiences.For Brisbane or for Sydney follow the links by clicking the city name.

Below series of metrics are released to show some of the aspects we use in analysing a suburb when purchasing property. You can find this suburb on this map.

Quick stats

Population: 14,964 LGA: Maribyrnong (C) Wealth: average income

You are reading Yarraville ancestry profile

Yarraville suburb profile: This suburb has 48% males and 52% female population. A total number of 14,964 people have reported this suburb as their main place of residence. This could include renters, home owners and boarders. This doesn’t necessarily mean that all those people own property in the suburb. Here are further details.

Yarraville has a high percentage of people from English background. In fact a total of 4,805 have reported to have one or two parents of English background. Thereafter, the next most common ancestry reported is Australian, with a total of 4,151 people reporting to have one or two parents from Australian background. Further, the third most common ancestry reported in Yarraville is Irish with a reported number of 2,158 residents reporting parents from this background.

Finally, the forth and fifth most reported ancestries are Scottish and Italian reporting respectively 1,594 and 982. You can obtain further details by heading to this report.

For example, below graph depicts the ancestries reported in this subrub:

This chart is showing Yarraville ancestry profile. Top 10 ancestries in Yarraville are shown from the most prevalent to least.
This chart is showing Yarraville ancestry profile. Top 10 ancestries in Yarraville are shown from the most prevalent to least.

Income and wealth profile for Yarraville

From the wealth perspective Yarraville can be considered a average income level suburb. While the majority of people in this suburb earn in vicinity of $2,000-$2,999. That is not to say, that all people have to be in that income bracket. For example, we estimate that roughly 13.63% of people in this suburb earn above average income. In other words, we estimate that to be over $3,000 Total Personal Income (Weekly).

At the same time, 17.64% of people in this suburb earn the bottom range of income. To clarify, we estimate that to be in surrounds of $1,000-$1,249 of Total Personal Income (Weekly).

For example, below graph would show the distribution of income in the area:

This chart is showing Yarraville income distribution and wealth.
This chart is showing Yarraville income distribution and wealth.

Generally speaking, the income composition of this suburb could mean that this suburb has a chance of average capital gains in medium to long term. This is however is not a blanket statement and each property needs to be analysed. Property investors are cautioned to perform appropriate due diligence and analyse the type, location and suitability of their property of choice To request further information, you can head to https://securedatapower.com/blog/2019/01/02/general-contact-form/

Below table will show the top most reported ancestry backgrounds in Yarraville

x
English4805
Australian4151
Irish2158
Scottish1594
Italian982
Greek875
German607
Chinese549
Vietnamese442
Macedonian288
Polish237
Dutch223
New Zealander199
Maltese193
Indian163
Croatian159
Filipino128
Welsh128
Lebanese127
Serbian114
French103
Sri Lankan67
Spanish62
Maori52
South African47
Russian43
Turkish43
Hungarian38
Korean20

Want to learn more? Click here.