Yarraville Property Growth
VIC · 3013 · Inner West Melbourne
An inner-western Melbourne suburb known for its village-style Anderson Street/Ballarat Street shopping strip, cinema, and a mix of Victorian workers' cottages and newer townhouses.
Overview
Location: City of Maribyrnong
An inner-western Melbourne suburb known for its village-style Anderson Street/Ballarat Street shopping strip, cinema, and a mix of Victorian workers' cottages and newer townhouses.
Market Snapshot
Median House Price
$1.15m
Median Unit Price
$598k
Avg Days on Market
45 days
Demographics
Estimated Population
14,949
Owner Occupier Rate
66.0%
Renter Rate
34.0%
Transport & Connectivity
Yarraville is served by its own train station and sits close to the West Gate Freeway.
Major Roads
- West Gate Freeway
- Somerville Road
- Williamstown Road
Train Lines
- Yarraville Station, on the Werribee and Williamstown lines
Yarraville station is approximately 15 minutes from the Melbourne CBD by train. Verify current timetables and traffic conditions before relying on any commute estimate.
Education
Yarraville has a mix of well-regarded local primary schools reflecting its family-oriented character. A range of long day care, kindergarten and outside school hours care providers operate across Yarraville. Always verify availability and waitlists directly with providers.
Amenities & Lifestyle
Yarraville Village, centred on Anderson Street, is the suburb's retail and dining heart, home to the heritage-listed Sun Theatre. McIvor Reserve, C.J. Cruickshank Park and Yarraville Gardens provide green space.
Employment
Yarraville is predominantly residential, with local employment concentrated in retail and hospitality around the Village precinct.
Commercial Centres
- Yarraville Village (Anderson Street)
Infrastructure
The West Gate Tunnel opened in December 2025, providing an alternative to the West Gate Bridge and removing trucks from some inner-west streets. The Anderson Street level crossing is scheduled for permanent closure to vehicles by 2029 under the Level Crossing Removal Project, replaced with a pedestrian and cyclist underpass. No further projects beyond those noted above are currently confirmed for Yarraville. Check Infrastructure Australia's project pipeline, State Government announcements or City of Maribyrnong's website for the latest updates.
Growth Drivers
- Two-line rail access — Yarraville Station sits on both the Werribee and Williamstown lines, giving a fast 15-minute run to the CBD.
- West Gate Tunnel completion — Opened December 2025, providing an alternative to the West Gate Bridge and removing trucks from some inner-west streets around the suburb.
- Anderson Street level crossing removal — Scheduled for permanent closure to vehicles by 2029, replaced with a pedestrian and cyclist underpass, improving safety and severance in the Village precinct.
- Yarraville Village lifestyle precinct — Anchored by the heritage-listed Sun Theatre, the Village continues to draw hospitality and retail investment.
Key Risks
- Proximity to the West Gate Freeway and surrounding industrial land means some parts of the suburb experience more traffic noise than quieter residential pockets.
- Construction activity around the Anderson Street level crossing removal will be a feature of the suburb until the project completes.
- Like all property markets, Yarraville is sensitive to broader interest-rate and lending-condition movements.
Frequently Asked Questions
Yarraville's growth drivers include two-line rail access, the newly completed West Gate Tunnel, and the well-established Yarraville Village lifestyle precinct, but every investor's circumstances and goals differ. This is general information, not personalised financial advice — consider speaking with a licensed financial adviser before making investment decisions.
Refer to the Market Snapshot section on this page for current median price data sourced from our live database.
Yarraville has a mix of well-regarded local primary schools reflecting its family-oriented character, with a range of long day care, kindergarten and outside school hours care providers across the suburb.
Yarraville Station serves both the Werribee and Williamstown lines, approximately 15 minutes from the Melbourne CBD. Verify current timetables and traffic conditions before relying on any commute estimate.
Yarraville Village, centred on Anderson Street, is the suburb's retail and dining heart, home to the heritage-listed Sun Theatre, with McIvor Reserve, C.J. Cruickshank Park and Yarraville Gardens providing green space.
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Calculate Future ValueSources
- ABSAustralian Bureau of Statistics — Census QuickStats— https://www.abs.gov.au/census
- Local CouncilCity of Maribyrnong— https://www.maribyrnong.vic.gov.au
- Department of Transport VictoriaDepartment of Transport and Planning Victoria— https://www.transport.vic.gov.au
- Victorian Planning AuthorityVictorian Planning Authority— https://vpa.vic.gov.au
- Infrastructure AustraliaProject Pipeline— https://www.infrastructureaustralia.gov.au
This content is for informational and educational purposes only. It does not constitute financial advice. Nothing on this page constitutes financial, investment, legal or tax advice. Property markets are volatile and past performance is not indicative of future results. Always seek independent advice from a qualified financial adviser before making any property investment decision.