Suburb Profile Report for Kaniva VIC (3419)

Kaniva House: Median price $113,000, Annual capital growth 2.24%, Number of sales 12, Weekly median advertised rent N/A

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

If you compare the increase in value of investment property in Kaniva, 3419 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 9.71%.

When looking at the potential capital gains offered to property investors over the last 3 years, Kaniva comes in at number 81th in VIC.

Vendor discounting in Kaniva is giving property investors an average Vendor Discount of around -14.05%. This puts suburb at number 15th in VIC when ranking the most discounted suburbs.

At number 3343 in a list of fastest selling suburbs, Kaniva is in the bottom 20% of suburbs in Australia with an average of days on market 126.4 for properties listed there.

Metrics i HOUSE UNIT
$113,000 N/A
-3.83% N/A
9.71% N/A
2.24% N/A
N/A N/A
12 N/A
N/A N/A
126.4 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 1060
Median household income ($/weekly) 783
Median age of persons 45
Median housing loan repayment ($/monthly) 729
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 144 13.6
    35-44 years 122 11.5
    45-54 years 148 14.0
    55-64 years 167 15.8
    65-74 years 103 9.7
    Others 376 35.5
    Age Group
    Census Count Percent(%)
    Registered Married 437 58.2
    Not Married 265 35.3
    Defacto Relationship 49 6.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 957 94.3
    Greece 5 0.5
    Papua New Guinea 8 0.8
    United Kingdom 25 2.5
    Other 7 0.7
    Others 13 1.3
    Country of Birth
    Census Count Percent(%)
    Christianity 759 76.6
    No Religion 226 22.8
    Buddhism 3 0.3
    Hinduism 3 0.3
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 57 14.4
    $400-$599 64 16.1
    $600-$799 51 12.8
    $800-$999 36 9.1
    $1,250-$1,499 41 10.3
    Others 148 37.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 349 42.1
    Employed, worked full-time 304 36.7
    Employed, worked part-time 136 16.4
    Employed, away from work 24 2.9
    Unemployed, looking for work 16 1.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 150 31.9
    Professionals 76 16.2
    Technicians & trades workers 38 8.1
    Community & personal service workers 42 8.9
    Labourers 58 12.3
    Others 106 22.6
    Occupation
    Census Count Percent(%)
    Pre-school 13 5.8
    Infants/Primary 90 40.0
    Secondary 83 36.9
    Technical or Further Educational Institution 12 5.3
    University or other Tertiary Institutions 21 9.3
    Others 6 2.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 947 98.2
    House or flat attached to a shop, office 7 0.7
    Semi-detached, row or terrace house, townhouse 5 0.5
    Flat, unit or apartment 5 0.5
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 232 54.7
    Being purchased 101 23.8
    Rented 78 18.4
    Other tenure type 13 3.1
    Tenure Type
Census 2011, ABS
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