Suburb Profile Report for Koo Wee Rup VIC (3981)

Koo Wee Rup House: Median price $450,000, Annual capital growth 7.42%, Number of sales 52, Weekly median advertised rent $338

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

Source: CoreLogic

  • House Report

Property value increases in Koo Wee Rup have tracked higher than the VIC average of 10.43% over the last 12 months.

Across a shorter period, Koo Wee Rup, 3981 has seen a median price increase of 6.96% over the last quarter.

Koo Wee Rup3981 is located in VIC which offers an average discount of -5.53% to property investors. Koo Wee Rup itself is showing figures that indicate -5.39% is the average achievable by property buyers investing in the suburb.

Using the current median advertised rental of $337.5 and the average annual increase in value of a median property of 7.42%, investors should hope to achieve an overall return of 3.90%

Metrics i HOUSE UNIT
$450,000 N/A
6.96% N/A
27.30% N/A
7.42% N/A
$338 N/A
52 N/A
3.90% N/A
36.84 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Very good (U)
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Demographics
Total population 3079
Median household income ($/weekly) 1101
Median age of persons 36
Median housing loan repayment ($/monthly) 1647
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 485 15.8
    25-34 years 375 12.2
    35-44 years 429 13.9
    45-54 years 421 13.7
    55-64 years 306 9.9
    Others 1063 34.5
    Age Group
    Census Count Percent(%)
    Registered Married 1041 48.1
    Not Married 865 40.0
    Defacto Relationship 259 12.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 2599 88.1
    Japan 57 1.9
    Papua New Guinea 32 1.1
    United Kingdom 120 4.1
    Other 41 1.4
    Others 102 3.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 11 0.4
    Christianity 1965 70.6
    Islam 9 0.3
    Other Religious Groups 7 0.3
    No Religion 786 28.2
    Others 6 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 107 11.2
    $600-$799 102 10.6
    $800-$999 97 10.1
    $1,250-$1,499 101 10.5
    $1,500-$1,999 151 15.7
    Others 401 41.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 902 39.5
    Not in the labour force 799 35.0
    Employed, worked part-time 435 19.0
    Employed, away from work 88 3.9
    Unemployed, looking for work 61 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 184 12.9
    Technicians & trades workers 289 20.3
    Clerical & administrative workers 164 11.5
    Machinery operators & drivers 168 11.8
    Labourers 202 14.2
    Others 419 29.4
    Occupation
    Census Count Percent(%)
    Pre-school 60 8.0
    Infants/Primary 311 41.4
    Secondary 237 31.6
    Technical or Further Educational Institution 70 9.3
    University or other Tertiary Institutions 49 6.5
    Others 24 3.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2690 93.0
    Flat, unit or apartment 116 4.0
    Semi-detached, row or terrace house, townhouse 55 1.9
    House or flat attached to a shop, office 28 1.0
    Caravan, cabin, houseboat 3 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 489 47.1
    Fully owned 310 29.9
    Rented 236 22.7
    Other tenure type 3 0.3
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals