Suburb Profile Report for Kilmore VIC (3764)

Kilmore House: Median price $355,000, Annual capital growth 3.30%, Number of sales 134, Weekly median advertised rent $330

Kilmore Unit: Median price $275,000, Annual capital growth 2.94%, Number of sales 23, Weekly median advertised rent $285

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Kilmore, 3764 have given investors a capital gain of 6.69%. This compares badly with the 11.00% for VIC as a whole.

If we look at median property appreciation over just the last three months, Kilmore has given property investors a paper return of 1.43%. This puts Suburb as 422 on a list of fastest fasting appreciating suburbs in VIC

Property buyers and investors in Kilmore 3764 should be seeing an average reduction in asking price of around -4.59% . This means that Kilmore is holding prices well when compared to other suburbs in VIC.

Kilmore, 3764’s gross rental yield is 4.83%

Property investors who have had real estate in Kilmore, 3764 should be ok 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 4.76%

Kilmore,3764 has offered an average of 4.76% return per annum in house price rises to property investors over the last three years.

At number 200th of VIC’s most discounted properties, Kilmore is in the TOP 40% of the state/territory when listing in order of most discounted to least.

A $285 per week rent on the median house gives suburb investors a gross yield of circa 5.39%, without taking into account capital value appreciation, which has been averaging out at 2.94%.

Metrics i HOUSE UNIT
$355,000 $275,000
1.43% N/A
6.69% 4.76%
3.30% 2.94%
$330 $285
134 23
4.83% 5.39%
63.33 77.31

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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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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