Suburb Profile Report for Kyabram VIC (3620)

Kyabram House: Median price $231,500, Annual capital growth 2.16%, Number of sales 84, Weekly median advertised rent $250

Kyabram Unit: Median price $192,500, Annual capital growth 5.71%, Number of sales 27, Weekly median advertised rent $208

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 3217th in the list of Australian suburbs ordered by increase in median house value over the last year, Kyabram, 3620 is in the BOTTOM 30% with a property value increase of -2.94% recorded in median house prices.

Over the longer term, Kyabram has seen property prices show investors a -2.32% return over the last 3 years. This is worse than over the last 12 months

Kyabram, 3620 is offering VIC ‘s 303th 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.

A $250 per week rent on the median house gives suburb investors a gross yield of circa 5.62%, without taking into account capital value appreciation, which has been averaging out at 2.16%.

Kyabram has had a A very good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 20.31% to date .

Comparing Kyabram,3620 ‘s 5year and quarterly average capital gain offered to property investors, it performed the same across the longer period

Kyabram, 3620 is offering VIC ‘s 255th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this VIC.

In the last year 27 properties changed hands in Kyabram, which puts it as the 264th most active market in VIC when comparing the number of sales per suburb.

Property investors should expect to get $207.5 weekly from the median priced house in this suburb.

HOUSE UNIT
$231,500 $192,500
-1.49% 1.32%
-2.94% 20.31%
2.16% 5.71%
$250 $208
84 27
5.62% 5.61%
132.55 148.95

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 7320
Median household income ($/weekly) 832
Median age of persons 42
Median housing loan repayment ($/monthly) 1255
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 980 13.4
    35-44 years 847 11.6
    45-54 years 935 12.8
    55-64 years 934 12.8
    65-74 years 767 10.5
    Others 2857 39.0
    Age Group
    Census Count Percent(%)
    Registered Married 2730 52.4
    Not Married 2094 40.2
    Defacto Relationship 381 7.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 6451 92.3
    Japan 101 1.4
    Papua New Guinea 67 1.0
    United Kingdom 157 2.2
    Other 48 0.7
    Others 162 2.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 24 0.4
    Christianity 5062 76.4
    Islam 37 0.6
    Other Religious Groups 24 0.4
    No Religion 1460 22.0
    Others 20 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 280 11.0
    $400-$599 388 15.2
    $600-$799 357 14.0
    $800-$999 278 10.9
    $1,500-$1,999 259 10.2
    Others 985 38.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2403 43.4
    Employed, worked full-time 1794 32.4
    Employed, worked part-time 977 17.6
    Employed, away from work 204 3.7
    Unemployed, looking for work 165 3.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 434 14.6
    Professionals 442 14.9
    Technicians & trades workers 464 15.6
    Clerical & administrative workers 342 11.5
    Labourers 462 15.5
    Others 829 27.9
    Occupation
    Census Count Percent(%)
    Pre-school 107 6.9
    Infants/Primary 603 38.9
    Secondary 536 34.6
    Technical or Further Educational Institution 155 10.0
    University or other Tertiary Institutions 78 5.0
    Others 71 4.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6252 92.7
    Semi-detached, row or terrace house, townhouse 141 2.1
    Flat, unit or apartment 303 4.5
    Caravan, cabin, houseboat 31 0.5
    House or flat attached to a shop, office 11 0.2
    Others 7 0.1
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1107 40.6
    Being purchased 870 31.9
    Rented 731 26.8
    Other tenure type 16 0.6
    Tenure Type
Census 2011, ABS
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