Suburb Profile Report for Kyneton VIC (3444)

Kyneton House: Median price $452,500, Annual capital growth 7.73%, Number of sales 119, Weekly median advertised rent $370

Kyneton Unit: Median price $369,000, Annual capital growth 7.21%, Number of sales 20, Weekly median advertised rent $320

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 2279th in the list of Australian suburbs ordered by increase in median house value over the last year, Kyneton, 3444 is in the BOTTOM 50% with a property value increase of 4.02% recorded in median house prices.

The five-year average increase in median property values for Kyneton,3444 has given property investors a potential capital gain of 20.67% across each of those five years.

Property buyers and investors in Kyneton 3444 should be seeing an average reduction in asking price of around -6.05% . This means that Kyneton is holding prices well when compared to other suburbs in VIC.

At number 2295 in a list of fastest selling suburbs, Kyneton is in the bottom 40% of suburbs in Australia with an average of days on market 89.95 for properties listed there.

With a capital gain of 13.54% for the last 12 months, Kyneton, 3444 has performed for property investments than its average annual 7.21% property growth over the last 5 years.

Over the longer term, Kyneton has seen property prices show investors a 32.97% return over the last 3 years. This is worse than over the last 12 months

Kyneton3444 is located in VIC which offers an average discount of -5.07% to property investors. Kyneton itself is showing figures that indicate -4.51% is the average achievable by property buyers investing in the suburb.

Kyneton is 146th on a list of best yielding suburbs for rents in VIC with a 4.51% return

Metrics i HOUSE UNIT
$452,500 $369,000
-0.55% -0.27%
4.02% 13.54%
7.73% 7.21%
$370 $320
119 20
4.25% 4.51%
89.95 69.25

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (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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