Suburb Profile Report for Kew East VIC (3102)

Kew East House: Median price $1,878,000, Annual capital growth 8.61%, Number of sales 68, Weekly median advertised rent $750

Kew East Unit: Median price $1,050,000, Annual capital growth 7.94%, Number of sales 33, Weekly median advertised rent $430

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 7.31% for the last 12 months, Kew East, 3102 has performed for property investments than its average annual 8.61% property growth over the last 5 years.

Kew East,3102 was ranked 946 in Australia by increase in median property value over the quarter.

With the median price for a house in Kew East being $1878000 and the advertised rent reaching $750 the gross rental yield for property investors calculates out to be 2.08%

A $430 per week rent on the median house gives suburb investors a gross yield of circa 2.13%, without taking into account capital value appreciation, which has been averaging out at 7.94%.

Metrics i HOUSE UNIT
$1,878,000 $1,050,000
4.04% 23.38%
7.31% N/A
8.61% 7.94%
$750 $430
68 33
2.08% 2.13%
N/A N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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Demographics
Total population 6017
Median household income ($/weekly) 1811
Median age of persons 39
Median housing loan repayment ($/monthly) 2210
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 869 14.4
    25-34 years 629 10.5
    35-44 years 937 15.6
    45-54 years 918 15.3
    55-64 years 646 10.7
    Others 2018 33.5
    Age Group
    Census Count Percent(%)
    Registered Married 2363 52.8
    Not Married 1805 40.3
    Defacto Relationship 306 6.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 4213 72.7
    Croatia 203 3.5
    Japan 157 2.7
    United Kingdom 165 2.8
    Other 197 3.4
    Others 860 14.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 168 3.0
    Christianity 3613 65.1
    Hinduism 101 1.8
    Islam 63 1.1
    No Religion 1515 27.3
    Others 89 1.6
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 230 12.1
    $2,000-$2,499 166 8.7
    $2,500-$2,999 236 12.4
    $3,000-$3,499 186 9.8
    $4,000 or more 181 9.5
    Others 905 47.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1825 39.5
    Not in the labour force 1474 31.9
    Employed, worked part-time 1028 22.3
    Employed, away from work 167 3.6
    Unemployed, looking for work 122 2.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 517 17.1
    Professionals 1133 37.5
    Community & personal service workers 258 8.5
    Clerical & administrative workers 425 14.1
    Sales 251 8.3
    Others 437 14.5
    Occupation
    Census Count Percent(%)
    Pre-school 140 8.0
    Infants/Primary 599 34.4
    Secondary 446 25.6
    Technical or Further Educational Institution 88 5.1
    University or other Tertiary Institutions 427 24.5
    Others 42 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4315 75.7
    Semi-detached, row or terrace house, townhouse 814 14.3
    Flat, unit or apartment 565 9.9
    House or flat attached to a shop, office 9 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 889 42.2
    Being purchased 680 32.3
    Rented 525 24.9
    Other tenure type 13 0.6
    Tenure Type
Census 2011, ABS
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