Suburb Profile Report for Kilmore VIC (3764)

Kilmore House: Median price $332,750, Annual capital growth 2.57%, Number of sales 131, Weekly median advertised rent $305

Kilmore Unit: Median price $270,000, Annual capital growth 3.69%, Number of sales 30, Weekly median advertised rent $270

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 2855th in the list of Australian suburbs ordered by increase in median house value over the last year, Kilmore, 3764 is in the BOTTOM 40% with a property value increase of -0.22% recorded in median house prices.

Over the longer term, Kilmore has seen property prices show investors a 2.38% return over the last 3 years. This is worse than over the last 12 months

Kilmore, 3764 is offering VIC ‘s 341th 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.

With the median price for a house in Kilmore being $332750 and the advertised rent reaching $305 the gross rental yield for property investors calculates out to be 4.77%

With a capital gain of 8.43% for the last 12 months, Kilmore, 3764 has performed for property investments than its average annual 3.69% property growth over the last 5 years.

Taking the average capital gain, or increase in median house value, Kilmore,3764 has racked up an average of 8.43% over the period. This ranks it number 704th in the whole country for real estate investors looking at median house price increases.

Property buyers and investors in Kilmore 3764 should be seeing an average reduction in asking price of around -3.63% . This means that Kilmore is holding prices well when compared to other suburbs in VIC.

Often selling an investment property can take time, and in Kilmore the average time real estate has been on the market is 109.2 days.

HOUSE UNIT
$332,750 $270,000
-0.08% 2.86%
-0.22% 8.43%
2.57% 3.69%
$305 $270
131 30
4.77% 5.20%
68.68 109.2

Source: CoreLogic

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