Yarraville (3013) sits roughly 6 to 7 kilometres west of the Melbourne CBD inside the City of Maribyrnong, a position that places it firmly in Melbourne's inner west. Its SEIFA IRSAD score of 1109 puts it in the 10th national decile and the 94th state percentile within Victoria, meaning the suburb's resident population ranks among the most socioeconomically advantaged in the country. That reading is 109 points above the national mean of 1000, a gap that reflects the suburb's well-documented shift from an industrial working-class base to a high-income, owner-occupier community. PropertyRanker treats this score as a strong positive signal across three of its twelve criteria: economic_strength, hazard_risk, and entry_point_risk.
ABS 2021 IRSAD release. Score 1109 (national mean = 1000).
A SEIFA decile of 10 tells PropertyRanker that the macro conditions in Yarraville are as favourable as they get on the socioeconomic dimension. High household incomes, low unemployment, and strong educational attainment all correlate with sustained rental demand and lower vacancy risk, which feeds directly into the economic_strength criterion. The score also moderates the hazard_risk and entry_point_risk readings, because affluent, tightly held suburbs tend to have lower distressed-sale rates and more stable pricing floors. That said, the SEIFA reading operates at the postcode level and cannot see conditions that vary sharply within 3013. Yarraville carries a well-documented environmental overlay: heavy vehicle routes along Somerville Road and Francis Street service the Port of Melbourne, and legacy industrial sites in the suburb's western pocket have recorded soil and air quality concerns that the EPA has monitored. Any specific site near those corridors warrants a contamination and overlay check that SEIFA cannot perform. On strategy fit, Yarraville's price point and owner-occupier culture align most naturally with the Capital Growth strategy, which anchors around a 3.5 percent gross yield. Investors chasing the Balanced strategy (around 5 percent) or higher would need to verify current rents carefully against the purchase price, because inner-west premiums compress yields. The suburb is unlikely to suit High Yield or Regional strategies without a specific structural reason, such as a dual-income configuration or a below-market acquisition.
Yarraville houses recorded a median sale price of $1,200,000 as at mid-2026, reflecting approximately 5.15% annual growth according to yourinvestmentpropertymag.com.au, with 236 house sales in the 12 months to May 2026. propertyvalue.com.au reports an average vendor discount of -4.1% for houses, while propradar.com.au notes recent tracked sales closed on average +0.9% above asking price, suggesting vendors are broadly holding firm. Days on market for houses have shortened by 8% year-on-year to around 46 days per woodards.com.au, and the suburb vacancy rate sits at a tight 0.69% per htag.com.au, pointing to continued rental demand.
Anchor points pulled per refresh from publicly available suburb profiles. Approximate; not a moving average.
Vacancy is very tight at 0.69% (tightening nationally per SQM Research), days on market for houses fell 8% year-on-year to 46 days (shortening), and the average vendor discount of -4.1% with some sales closing above asking price indicates vendors are holding firm (narrowing), placing the suburb in the warming band.
Sources: Yarraville, VIC 3013: Suburb Profile & Property Report (2026-05-01); Yarraville House Prices & Property Trends (2026-06-01); Recently Sold Properties in Yarraville VIC 3013 - PropRadar (2026-06-27); Yarraville, VIC Property Market & House Prices - Woodards (2026-06-01); Yarraville VIC 3013 buyer's suburb guide - RateChallenge (2026-08-01) · Refreshed 1 Oct 2026
PropertyRanker scores any Australian property against 12 criteria across three pillars: Growth, Cashflow, and Risk. SEIFA is a primary signal for economic strength and a supporting one for entry-price risk. It also informs the crime side of hazard risk, though physical overlays like flood, bushfire and coastal exposure, and recorded crime data where available, take priority there. The decile of 10 shown above gives a listing in Yarraville a stronger starting line on economic strength than the national median postcode, and a softer one on entry-price risk, since more advantaged postcodes usually carry higher entry prices.
On top of that, PropertyRanker chooses one of four strategies (Balanced, Growth, Yield, Regional) and applies a per-strategy yield anchor. The anchors are 3.5% for Growth, 5% for Balanced, 6% for Yield, and 7% for Regional. A postcode at this level of relative advantage tends to suit the Growth (3.5% anchor) and Balanced (5% anchor) strategies more readily than Yield (6%) or Regional (7%), because a higher entry price compresses the gross yield a listing can reach without a specific value-add.
Read the scoring guide for the full criteria list and how the verdict thresholds work.
SEIFA is a postcode-level read. The fastest sanity check on any single decile reading is to compare it against the suburbs that surround it.
The SEIFA reading confirms a strong macro frame, but it cannot resolve the questions that determine whether a specific listing in Yarraville is worth pursuing. First, check the overlay and contamination status of the exact address, particularly for sites west of Williamstown Road or near Francis Street, where industrial legacy and truck-route proximity are documented concerns. Second, obtain the current SQM vacancy rate for 3013 to confirm that rental demand is holding at the level the SEIFA score implies. Third, if the listing is a unit or apartment, review body corporate financials and the sinking fund balance, because strata health is invisible at the postcode level. Fourth, price the listing against recent comparable sales in the same street type and configuration, since Yarraville contains a wide spread of property quality from heritage workers cottages to newer infill. Score the specific listing in PropertyRanker to get a verdict that accounts for all twelve criteria, including the live vacancy data, flood and overlay status, and pricing against recent comparable sales that a postcode-level SEIFA reading cannot see.
The macro signals are strong. A SEIFA IRSAD score of 1109 (national decile 10, 94th percentile in Victoria) indicates a high-income, low-disadvantage population base, which supports stable rental demand and lower vacancy risk. However, a strong SEIFA reading does not make every listing in 3013 a sound investment; site-specific factors such as proximity to truck routes, contamination overlays, and current pricing relative to comparable sales all matter and require separate verification.
Yarraville's inner-city premium and strong owner-occupier culture point most naturally toward a Capital Growth strategy, which PropertyRanker anchors around a 3.5 percent gross yield. Investors targeting the Balanced strategy (around 5 percent) should verify current rents carefully, because inner-west pricing tends to compress yields. High Yield and Regional strategies (6 to 7 percent anchors) are unlikely to be achievable here without a specific structural advantage in the individual property.
Three risks stand out at the postcode level. First, the suburb's proximity to the Port of Melbourne means some streets carry heavy vehicle traffic, and legacy industrial sites in the western pocket have documented soil and air quality concerns that require an overlay and contamination check on any specific address. Second, the premium price point compresses gross yields, which limits the margin for error if vacancy rises or interest rates move. Third, the strata market carries the usual body corporate risks that are invisible in suburb-level data, so any unit purchase requires a review of the sinking fund and committee records.
PropertyRanker runs twelve scoring criteria across two broad groups. On the macro side, the SEIFA IRSAD score of 1109 feeds directly into economic_strength, hazard_risk, and entry_point_risk for every listing in 3013. On the property-specific side, the model draws on current SQM vacancy data for the postcode, flood and planning overlay status for the exact address, body corporate health indicators for strata properties, and pricing against recent comparable sales. The combination of macro and micro signals produces a score that a postcode-level reading alone cannot replicate.
All three suburbs sit within the City of Maribyrnong and share the inner-west gentrification story, but they differ in price point and supply dynamics. Yarraville carries the highest profile and, typically, the most compressed yields of the three. Seddon (3011) is directly north and offers a similar village character, while Spotswood (3015) to the south is smaller and quieter and is often cited as a relative value alternative. Investors should score specific listings in each suburb through PropertyRanker rather than assuming the suburb label determines the outcome, because individual site conditions vary considerably within each postcode.
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