Average rent in Yarra Valley, VIC — 2026

Yarra Valley sits below the Victoria median, with the typical renter paying $315/week — 13% less than the state-wide $363/week baseline (ABS Census 2021). The suburb skews owner-occupied: 85% own outright or with a mortgage, and only 12% rent. Housing stock is dominated by separate houses (96%), with limited high-density development. Population sits at 16,799, the median age is 43, and the most common occupation is Technicians and Trades Workers. 12% of residents were born overseas. Yarra Valley is 63km from Melbourne, often putting it outside the inner-ring rent pressure zone — though state-level rent indices show the 2021 baseline is now meaningfully out of date. Your reported figure above gives the live read; the Census number anchors the historical baseline.