Suburb Profile Report for Koondrook VIC (3580)

Koondrook House: Median price $166,000, Annual capital growth -4.33%, Number of sales 18, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

Koondrook is in the bottom 10% in VIC when comparing median price capital growth over the last year. Koondrook gave property investors a dismal capital gain figure when compared to the rest of the state, with -7.78%.

The five-year average increase in median property values for Koondrook,3580 has given property investors a potential capital gain of -24.55% across each of those five years.

Koondrook3580 is located in VIC which offers an average discount of -5.26% to property investors. Koondrook itself is showing figures that indicate -4.68% is the average achievable by property buyers investing in the suburb.

Metrics i HOUSE UNIT
$166,000 N/A
N/A N/A
-7.78% N/A
-4.33% N/A
N/A N/A
18 N/A
N/A N/A
162.2 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 1094
Median household income ($/weekly) 714
Median age of persons 50
Median housing loan repayment ($/monthly) 1192
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 124 11.3
    35-44 years 101 9.2
    45-54 years 159 14.5
    55-64 years 198 18.1
    65-74 years 180 16.4
    Others 333 30.4
    Age Group
    Census Count Percent(%)
    Registered Married 447 55.4
    Not Married 277 34.3
    Defacto Relationship 83 10.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 987 94.8
    New Zealand 5 0.5
    Papua New Guinea 8 0.8
    United Kingdom 16 1.5
    Other 6 0.6
    Others 19 1.8
    Country of Birth
    Census Count Percent(%)
    Christianity 681 69.3
    No Religion 295 30.0
    Buddhism 6 0.6
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 46 11.4
    $400-$599 70 17.4
    $600-$799 54 13.4
    $800-$999 55 13.6
    $1,000-$1,249 46 11.4
    Others 132 32.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 376 43.8
    Employed, worked full-time 269 31.3
    Employed, worked part-time 165 19.2
    Employed, away from work 29 3.4
    Unemployed, looking for work 20 2.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 97 20.8
    Technicians & trades workers 69 14.8
    Community & personal service workers 50 10.7
    Machinery operators & drivers 41 8.8
    Labourers 85 18.2
    Others 124 26.6
    Occupation
    Census Count Percent(%)
    Pre-school 19 10.1
    Infants/Primary 79 41.8
    Secondary 67 35.4
    Technical or Further Educational Institution 11 5.8
    University or other Tertiary Institutions 9 4.8
    Others 4 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 977 97.8
    Flat, unit or apartment 9 0.9
    House or flat attached to a shop, office 8 0.8
    Caravan, cabin, houseboat 5 0.5
    Semi-detached, row or terrace house, townhouse 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 229 53.1
    Being purchased 125 29.0
    Rented 77 17.9
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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