Suburb Profile Report for Kyneton VIC (3444)

Kyneton House: Median price $509,500, Annual capital growth 7.24%, Number of sales 112, Weekly median advertised rent $403

Kyneton Unit: Median price $394,000, Annual capital growth 9.46%, Number of sales 15, Weekly median advertised rent $325

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 8.40% for the last 12 months, Kyneton, 3444 has performed for property investments than its average annual 7.24% property growth over the last 5 years.

The five-year average increase in median property values for Kyneton,3444 has given property investors a potential capital gain of 34.43% across each of those five years.

Property buyers and investors in Kyneton 3444 should be seeing an average reduction in asking price of around -4.86% . This means that Kyneton is holding prices well when compared to other suburbs in VIC.

Property investors who have had real estate in Kyneton, 3444 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 6.49%

Property investors looking for a bargain in Kyneton should be aiming for at least -3.42% off the asking price, which is the average vendor discount being achieved at the moment.

Residents and property investors in Kyneton have been waiting around 42.54 days to sell a property.

Renters in Suburb are facing rents around $16900 per annum or $325 every week.

Metrics i HOUSE UNIT
$509,500 $394,000
1.90% 1.29%
8.40% 6.49%
7.24% 9.46%
$403 $325
112 15
4.11% 4.29%
56.22 42.54

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 6628
Median household income ($/weekly) 993
Median age of persons 43
Median housing loan repayment ($/monthly) 1517
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 819 12.4
    35-44 years 940 14.2
    45-54 years 930 14.0
    55-64 years 961 14.5
    65-74 years 685 10.3
    Others 2293 34.6
    Age Group
    Census Count Percent(%)
    Registered Married 2371 49.6
    Not Married 1929 40.4
    Defacto Relationship 480 10.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 5604 88.1
    Greece 46 0.7
    Papua New Guinea 79 1.2
    United Kingdom 333 5.2
    Other 64 1.0
    Others 237 3.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 37 0.6
    Christianity 4120 68.4
    Islam 9 0.1
    Other Religious Groups 46 0.8
    No Religion 1792 29.8
    Others 16 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 300 13.3
    $600-$799 254 11.3
    $800-$999 212 9.4
    $1,000-$1,249 231 10.3
    $1,500-$1,999 288 12.8
    Others 964 42.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2115 40.6
    Employed, worked full-time 1718 33.0
    Employed, worked part-time 1065 20.4
    Employed, away from work 193 3.7
    Unemployed, looking for work 121 2.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 368 12.4
    Professionals 519 17.4
    Technicians & trades workers 533 17.9
    Clerical & administrative workers 366 12.3
    Labourers 405 13.6
    Others 784 26.4
    Occupation
    Census Count Percent(%)
    Pre-school 95 6.7
    Infants/Primary 530 37.6
    Secondary 461 32.7
    Technical or Further Educational Institution 125 8.9
    University or other Tertiary Institutions 131 9.3
    Others 69 4.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5701 93.7
    Semi-detached, row or terrace house, townhouse 96 1.6
    Flat, unit or apartment 228 3.7
    Caravan, cabin, houseboat 3 0.0
    House or flat attached to a shop, office 51 0.8
    Others 3 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 998 40.5
    Being purchased 885 35.9
    Rented 571 23.2
    Other tenure type 11 0.4
    Tenure Type
Census 2011, ABS
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