Suburb Profile Report for Kyneton VIC (3444)

Kyneton House: Median price $457,500, Annual capital growth 7.56%, Number of sales 120, Weekly median advertised rent $365

Kyneton Unit: Median price $350,000, Annual capital growth 6.21%, Number of sales 15, Weekly median advertised rent $300

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Kyneton, 3444 should be relatively pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 7.65%

A 22.00% growth in median value for property investors in Kyneton,3444 puts this suburb at number 350th in terms of best performing suburbs in VIC

State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.00% offered to property buyers. Sellers in Kyneton itself are offering an average vendor discount of -5.78% to real estate investors.

Using the current median advertised rental of $365 and the average annual increase in value of a median property of 7.56%, investors should hope to achieve an overall return of 4.15%

Kyneton, 3444 ranked 105th in VIC when comparing growth in median property values or capital gain over the last 12 months. Kyneton is one of 2098 in our list for VIC

Kyneton,3444 was ranked 638 in Australia by increase in median property value over the quarter.

Kyneton, 3444 is offering VIC ‘s 192th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this VIC.

At number 1043 in a list of fastest selling suburbs, Kyneton is in the bottom 30% of suburbs in Australia with an average of days on market 94.16 for properties listed there.

The VIC suburb of Kyneton, 3444 is in the Macedon Ranges local government area.

Metrics i HOUSE UNIT
$457,500 $350,000
1.67% 1.45%
7.65% 7.69%
7.56% 6.21%
$365 $300
120 15
4.15% 4.46%
93.92 94.16

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 6628
Median household income ($/weekly) 993
Median age of persons 43
Median housing loan repayment ($/monthly) 1517
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 819 12.4
    35-44 years 940 14.2
    45-54 years 930 14.0
    55-64 years 961 14.5
    65-74 years 685 10.3
    Others 2293 34.6
    Age Group
    Census Count Percent(%)
    Registered Married 2371 49.6
    Not Married 1929 40.4
    Defacto Relationship 480 10.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 5604 88.1
    Greece 46 0.7
    Papua New Guinea 79 1.2
    United Kingdom 333 5.2
    Other 64 1.0
    Others 237 3.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 37 0.6
    Christianity 4120 68.4
    Islam 9 0.1
    Other Religious Groups 46 0.8
    No Religion 1792 29.8
    Others 16 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 300 13.3
    $600-$799 254 11.3
    $800-$999 212 9.4
    $1,000-$1,249 231 10.3
    $1,500-$1,999 288 12.8
    Others 964 42.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2115 40.6
    Employed, worked full-time 1718 33.0
    Employed, worked part-time 1065 20.4
    Employed, away from work 193 3.7
    Unemployed, looking for work 121 2.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 368 12.4
    Professionals 519 17.4
    Technicians & trades workers 533 17.9
    Clerical & administrative workers 366 12.3
    Labourers 405 13.6
    Others 784 26.4
    Occupation
    Census Count Percent(%)
    Pre-school 95 6.7
    Infants/Primary 530 37.6
    Secondary 461 32.7
    Technical or Further Educational Institution 125 8.9
    University or other Tertiary Institutions 131 9.3
    Others 69 4.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5701 93.7
    Semi-detached, row or terrace house, townhouse 96 1.6
    Flat, unit or apartment 228 3.7
    Caravan, cabin, houseboat 3 0.0
    House or flat attached to a shop, office 51 0.8
    Others 3 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 998 40.5
    Being purchased 885 35.9
    Rented 571 23.2
    Other tenure type 11 0.4
    Tenure Type
Census 2011, ABS
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