Selecting a property is a major life milestone.
When it’s your home, it’s more than just an investment or your signature on a lease; it’s a small slice of the world where your future unfolds, and countless memories are made.
If you’re looking to buy an upcoming rental, you are providing a viable living space for families in need, while also creating a lucrative income-generating vehicle with a wealth of potential for appreciation.
As such, closely reviewing some of the best suburbs to live in Australia is critical to find wonderful opportunities. In the sprawling metropolis of Australia, where the choices can seem endless, a savvy property agent in Melbourne can be your invaluable guide to the real estate for sale.
Where should they lead you? To the breathtaking Yarra Valley area, where the thriving real estate promises returns in more than just dollars!
Our specialists at Noel Jones are taking a closer look at houses for sale and rent in the Yarra Ranges, as well as providing a profile on what’s on offer throughout the wider area.
Best Areas to Live in Australia: Spotlight on Yarra Ranges
The Yarra Ranges region is more than just a picturesque landscape; it’s a dynamic, thriving community home to over 150,000 happy residents. Spread across a sprawling expanse of approximately 2,500km², the region sits just 30 kilometres east of the Melbourne CBD. It transitions seamlessly from the bustle of its densely populated outer suburbs to the tranquillity of the foothills, agricultural valleys, and forested areas of the Great Dividing Ranges.
In fact, 70% of the region’s population calls the urban areas home, but these bustling hubs represent only a mere 3% of the Yarra Ranges’ vast landmass. Such a stark contrast is a testament to the region’s unique blend of urban vibrancy and rural charm.
And the economic pulse of Yarra Ranges is as diverse as its landscape. Construction, small business services, retail trade, manufacturing, and agriculture, including the fine art of winemaking, all play significant roles in the region’s thriving economy.
Tourism is also a pivotal industry, drawing visitors to the region’s breathtaking scenery, world-class vineyards, and vibrant cultural scene. Internationally recognised for its gourmet delights and exquisite wines, the Yarra Valley is a foodie’s paradise, regularly attracting millions of domestic and international visitors each year.
Whether you’re a first-time buyer, a family looking for houses to rent, or an experienced investor, the Yarra Ranges region is a treasure trove of experiences and opportunities, offering an unrivalled lifestyle and promising returns, all wrapped up in one stunning package.
Houses for Sale in Yarra Ranges
The suburbs throughout the Yarra Ranges offer a wide variety of houses, townhouses, apartments and vacant land to choose from.
If you are searching for modest houses for sale in the Yarra Ranges under $500,000, you will still find properties available in this competitive market on spacious blocks between 500m2 to 700m2 with a balance of two bedrooms, one bathroom and plenty of car space.
Speaking of space, you will also find beautiful, sprawling houses nestled within several hectares of untouched natural beauty.
Some of the most popular spots throughout the Yarra Ranges area include:
| YARRA RANGES SUBURB | MEDIAN PROPERTY PRICES |
| Olinda | $1,130,000 |
| Mount Dandenong | $965,000 |
| Sassafras | $1,040,000 |
| Monbulk | $825,000 |
| Tecoma | $890,000 |
| Upwey | $810,000 |
| Belgrave, Belgrave South & Belgrave Heights | $815,000 |
| Selby | $765,000 |
| Ferny Creek | $1,060,000 |
| Kalorama | $938,000 |
| Kallista | $950,000 |
| Upper Ferntree Gully | $701,000 |
Houses to Rent in Yarra Ranges
If purchasing and home loans aren’t on the horizon just yet, there’s no need to forgo the Yarra experience.
The houses to rent in the Yarra Ranges provide an excellent opportunity to immerse yourself in the region’s lifestyle. From chic apartments in bustling town centres to sprawling country homes with enough room for your dreams to grow, the rental market in Yarra Ranges is diverse and inviting. Prices range from $280/week for smaller units right up to over $1,000/week for larger estates spanning thousands of square meters in land.
Work with an Industry-Leading Property Agent in Melbourne
Trust your property journey to Noel Jones, a market leader with over 40 years of experience in Melbourne’s real estate scene. Our local experts are stationed across offices in key Melbourne suburbs, poised to offer reliable, trustworthy service tailored to your needs. From contemporary homes to new developments, we listen, guide, and help you find the perfect property.
With Noel Jones, you gain more than a property agent in Melbourne; you gain a dedicated partner. Contact us today for help in finding the right property for you in Yarra Ranges.
