Suburb Profile Report for Kangaroo Flat VIC (3555)

Kangaroo Flat House: Median price $310,250, Annual capital growth 3.61%, Number of sales 193, Weekly median advertised rent $290

Kangaroo Flat Unit: Median price $217,500, Annual capital growth 2.53%, Number of sales 29, Weekly median advertised rent $240

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Kangaroo Flat, 3555 have given investors a capital gain of 5.17%. This compares badly with the 11.63% for VIC as a whole.

Kangaroo Flat,3555 was ranked 1755 in Australia by increase in median property value over the quarter.

Kangaroo Flat, 3555 is offering VIC ‘s 296th 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.

On average over the past year, suburb has had 16.08 sales per month, which equates to 193 per year.

Situated 129.73km from the CBD, Kangaroo Flat is one of Greater Bendigo localities in the postcode 3555.

Over the last year, property investments in Kangaroo Flat, 3555 have given investors a capital gain of -12.65%. This compares very badly with the 6.52% for VIC as a whole.

Comparing Kangaroo Flat,3555 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Our latest figures would indicate that property sellers in Kangaroo Flat are currently offering property investors an average price cut of -7.45% below the asking price at the moment.

The VIC suburb of Kangaroo Flat, 3555 is in the Greater Bendigo local government area.

Metrics i HOUSE UNIT
$310,250 $217,500
1.72% -6.45%
5.17% -12.65%
3.61% 2.53%
$290 $240
193 29
4.86% 5.74%
96.35 105.47

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 9492
Median household income ($/weekly) 886
Median age of persons 39
Median housing loan repayment ($/monthly) 1300
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 1133 11.9
    25-34 years 1207 12.7
    35-44 years 1124 11.8
    45-54 years 1171 12.3
    55-64 years 1158 12.2
    Others 3699 39.0
    Age Group
    Census Count Percent(%)
    Registered Married 3192 45.5
    Not Married 3078 43.9
    Defacto Relationship 745 10.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 8504 93.0
    Papua New Guinea 71 0.8
    Philippines 59 0.6
    United Kingdom 219 2.4
    Other 73 0.8
    Others 223 2.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 74 0.8
    Christianity 5961 68.4
    Hinduism 22 0.3
    Other Religious Groups 27 0.3
    No Religion 2613 30.0
    Others 20 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 379 11.0
    $400-$599 511 14.9
    $600-$799 458 13.3
    $800-$999 379 11.0
    $1,500-$1,999 411 12.0
    Others 1296 37.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 3188 43.1
    Employed, worked full-time 2416 32.7
    Employed, worked part-time 1283 17.3
    Employed, away from work 269 3.6
    Unemployed, looking for work 242 3.3
    Person Characteristics
  • Census Count Percent(%)
    Professionals 541 13.6
    Technicians & trades workers 622 15.7
    Clerical & administrative workers 563 14.2
    Sales 477 12.0
    Labourers 608 15.3
    Others 1153 29.1
    Occupation
    Census Count Percent(%)
    Pre-school 152 7.9
    Infants/Primary 702 36.7
    Secondary 556 29.0
    Technical or Further Educational Institution 212 11.1
    University or other Tertiary Institutions 219 11.4
    Others 73 3.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 8267 92.5
    Flat, unit or apartment 506 5.7
    Semi-detached, row or terrace house, townhouse 129 1.4
    Caravan, cabin, houseboat 21 0.2
    House or flat attached to a shop, office 11 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1305 35.5
    Being purchased 1240 33.8
    Rented 1116 30.4
    Other tenure type 10 0.3
    Tenure Type
Census 2011, ABS
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