Question 1

Is Yarraville a good place to buy your first home?

Accepted Answer

Yarraville is a great option for first home buyers who professionals seeking village lifestyle close to city. With a median price of $1,100,000 and +2.8% growth over the past year, it offers village atmosphere, leafy, community-focused.

Question 2

What grants are available for first home buyers in Yarraville?

Accepted Answer

First home buyers in Yarraville may be eligible for the $10,000 First Home Owner Grant (for new homes up to $750,000), stamp duty concessions (up to $31,070 saved), and the First Home Guarantee scheme (buy with just 5% deposit).

Question 3

How much deposit do I need to buy in Yarraville?

Accepted Answer

With the First Home Guarantee, you could buy in Yarraville with just 5% deposit (around 55000 based on the median price). Without government schemes, most lenders require 10-20% deposit.

Question 4

What type of properties do first home buyers typically buy in Yarraville?

Accepted Answer

In Yarraville, first home buyers typically look for established houses, townhouses, and apartments. The suburb is known for village atmosphere, leafy, community-focused.

Question 5

How long does it take to commute from Yarraville to Melbourne CBD?

Accepted Answer

Yarraville offers Yarraville Station and Bus connections. Commute times to the CBD vary based on your mode of transport and exact location within the suburb.

First Home Buyers in Yarraville — What You Need to Know

Affordability Snapshot

Grants Available for Yarraville

First Home Owner Grant

Stamp Duty Concession

First Home Guarantee

Local Insights

Schools

Transport

Highlights

Location

Frequently Asked Questions

See what you can afford in Yarraville

Ready to Buy in Yarraville?