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Yarra Ranges Shire
Three Bridges

Three Bridges Property Market
& Suburb Profile

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MEDIAN PRICES IN THREE BRIDGES

Median house price

(all agencies, last 12 months)$660k*

House price change

(all agencies, last 12 months)-37.14%

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

THREE BRIDGES PRICE TRACKER

Houses

THREE BRIDGES INVESTOR STATISTICS

Median rental price for Houses

(all agencies, last 12 months)$653pw

House rental price change

(all agencies, last 12 months)0.05%

Average rental yield for Houses

(all agencies, last 12 months)3.63%

Three Bridges total population size

(as at the last census)188

Median household size in Three Bridges

(as at the last census)2.7

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

THREE BRIDGES PROPERTY TYPES

  • Houses 67%
  • Other 33%

OCCUPANCY IN THREE BRIDGES

  • Owned 95%
  • Rented 9%
  • Other/Not Stated -4%
  • Singles 23%
  • Families 80%
  • Other 0%

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ABOUT THREE BRIDGES

Three Bridges is a boutique rural enclave that serves as a gateway to the spectacular Yarra State Forest. Known for its rich soil, towering timbers, and the gentle flow of the Little Yarra River, this community offers a level of serenity that is increasingly rare to find.

Its picturesque scenery comprises acreage properties and hills, and there is a large apple orchard.

The "Three Bridges" name hints at the area’s geography—a place where the road winds over pristine waterways. The landscape here is deep, rich, and vibrantly green. Many properties in Three Bridges enjoy direct access to the Little Yarra River, providing a private sanctuary for trout fishing, splashing in the shallows, or simply enjoying the cooling effect of the water.

The area is a haven for local wildlife; it is not uncommon to spot wombats, wallabies, and a spectacular array of king parrots and cockatoos among the tree canopy. Unlike the more open pastures of the valley floor, Three Bridges feels "tucked in," surrounded by the majestic tree ferns and soaring Eucalypts that the region is famous for.

Three Bridges is ideal for those seeking a "tree change" without total isolation. It attracts a mix of creative professionals, weekenders, and families looking for a wholesome, outdoor-centric upbringing.

The high rainfall and fertile earth make it a premier location for those interested in permaculture, orchards, or sustainable "off-grid" living.

While it feels a world away, it remains highly accessible. You can enjoy your morning coffee in the absolute silence of the forest and be in the heart of Yarra Junction for lunch.

The nearby Lilydale-Warburton Rail Trail and various historic timber tramway walks make this a central hub for hikers and cyclists exploring the Upper Yarra.

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SALES COMPARISON

Find out how Three Bridges median sales prices compare to neighbouring suburbs.

THREE BRIDGES MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
20263$660,000-37.14%1$653pw3.63%
20254$725,000-41.77%2$646pw3.51%
20242$1,245,00025.44%1$618pw3.61%
20232$992,5007.01%1$572pw3.41%
20224$927,50024.08%2$517pw3.07%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
20263$660,000-37.14%
20254$725,000-41.77%
20242$1,245,000+25.44%
20232$992,500+7.01%
20224$927,500+24.08%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
20261$653pw3.63%
20252$646pw3.51%
20241$618pw3.61%
20231$572pw3.41%
20222$517pw3.07%

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*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 28 February 2025 to 28 February 2026, last updated 28 February 2026.