Suburb Profile Report for Kyneton VIC (3444)

Kyneton House: Median price $455,000, Annual capital growth 7.52%, Number of sales 121, Weekly median advertised rent $368

Kyneton Unit: Median price $368,000, Annual capital growth 7.74%, Number of sales 17, Weekly median advertised rent $290

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Kyneton has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 7.06%

Across a shorter period, Kyneton, 3444 has seen a median price increase of 0.00% over the last quarter.

Sellers are offering property buyers an average discount of -6.09% to buyers in Kyneton at the moment, which is less than average for the rest of VIC.

With the median price for a house in Kyneton being $455000 and the advertised rent reaching $367.5 the gross rental yield for property investors calculates out to be 4.20%

VIC has seen average median house prices change by 3.49% which means that Kyneton, 3444 has done well for property investors by showing a capital gain of 13.67% over the last year

Kyneton,3444 was ranked 541 in Australia by increase in median property value over the quarter.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Kyneton, 3444. Typically our figures indicate that -4.14% is being offered, which puts this VIC suburb at 1056th most discounted overall in Australia.

Often selling an investment property can take time, and in Kyneton the average time real estate has been on the market is 69 days.

Metrics i HOUSE UNIT
$455,000 $368,000
0.00% 2.08%
7.06% 13.67%
7.52% 7.74%
$368 $290
121 17
4.20% 4.10%
87.24 69

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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Recent sales & rentals