Suburb Profile Report for Kilmore VIC (3764)

Kilmore House: Median price $336,500, Annual capital growth 2.97%, Number of sales 131, Weekly median advertised rent $300

Kilmore Unit: Median price $265,000, Annual capital growth 3.52%, Number of sales 27, Weekly median advertised rent $275

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

Source: CoreLogic

  • House Report
  • Unit Report

Kilmore has had a quite poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of 2.98% to date .

Over the longer term, Kilmore has seen property prices show investors a 10.33% return over the last 3 years. This is worse than over the last 12 months

Kilmore3764 is located in VIC which offers an average discount of -6.04% to property investors. Kilmore itself is showing figures that indicate -5.43% is the average achievable by property buyers investing in the suburb.

In the last year 131 properties changed hands in Kilmore, which puts it as the 195th most active market in VIC when comparing the number of sales per suburb.

Property investors should expect to get $300 weekly from the median priced house in this suburb.

Property investors who have had real estate in Kilmore, 3764 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 8.16%

Over the longer term, Kilmore has seen property prices show investors a 15.22% return over the last 3 years. This is worse than over the last 12 months

Property buyers and investors in Kilmore 3764 should be seeing an average reduction in asking price of around -3.96% . This means that Kilmore is holding prices well when compared to other suburbs in VIC.

The VIC suburb of Kilmore, 3764 is in the Mitchell local government area.

HOUSE UNIT
$336,500 $265,000
-0.74% 8.38%
2.98% 8.16%
2.97% 3.52%
$300 $275
131 27
4.64% 5.40%
76.99 103.46

Source: CoreLogic

DSR Score for property investment : Below average (U), Good (H)
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Demographics
Total population 6677
Median household income ($/weekly) 1203
Median age of persons 37
Median housing loan repayment ($/monthly) 1627
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 1029 15.4
    25-34 years 704 10.5
    35-44 years 948 14.2
    45-54 years 943 14.1
    55-64 years 690 10.3
    Others 2364 35.4
    Age Group
    Census Count Percent(%)
    Registered Married 2350 51.3
    Not Married 1733 37.8
    Defacto Relationship 496 10.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 5633 87.6
    Croatia 50 0.8
    Papua New Guinea 78 1.2
    United Kingdom 263 4.1
    Other 83 1.3
    Others 320 5.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 49 0.8
    Christianity 4415 71.8
    Hinduism 19 0.3
    Other Religious Groups 35 0.6
    No Religion 1622 26.4
    Others 12 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 228 11.3
    $600-$799 231 11.4
    $1,250-$1,499 176 8.7
    $1,500-$1,999 300 14.8
    $2,000-$2,499 209 10.3
    Others 880 43.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1903 37.9
    Not in the labour force 1854 36.9
    Employed, worked part-time 898 17.9
    Employed, away from work 199 4.0
    Unemployed, looking for work 166 3.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 329 11.0
    Professionals 423 14.1
    Technicians & trades workers 543 18.1
    Community & personal service workers 340 11.3
    Clerical & administrative workers 457 15.2
    Others 908 30.3
    Occupation
    Census Count Percent(%)
    Pre-school 132 7.7
    Infants/Primary 646 37.5
    Secondary 632 36.7
    Technical or Further Educational Institution 131 7.6
    University or other Tertiary Institutions 137 8.0
    Others 44 2.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5631 92.4
    Semi-detached, row or terrace house, townhouse 186 3.1
    Flat, unit or apartment 217 3.6
    Caravan, cabin, houseboat 48 0.8
    House or flat attached to a shop, office 7 0.1
    Others 4 0.1
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1010 45.3
    Fully owned 700 31.4
    Rented 490 22.0
    Other tenure type 32 1.4
    Tenure Type
Census 2011, ABS
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