Suburb Profile Report for Kyabram VIC (3620)

Kyabram House: Median price $265,000, Annual capital growth 3.00%, Number of sales 89, Weekly median advertised rent $268

Kyabram Unit: Median price $192,000, Annual capital growth 1.26%, Number of sales 19, Weekly median advertised rent $208

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Giving property investors a a solid capital gain of 9.28% for the last year, Kyabram, 3620 is the 529th highest performer in Australia in this respect.

A 10.42% growth in median value for property investors in Kyabram,3620 puts this suburb at number 100th in terms of best performing suburbs in VIC

The most recent median price for Kyabram is $265000, with sellers offering an average of -4.81% off the asking price.

With the median price for a house in Kyabram being $265000 and the advertised rent reaching $267.5 the gross rental yield for property investors calculates out to be 5.25%

If you compare the increase in value of investment property in Kyabram, 3620 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was -15.79%.

The five-year average increase in median property values for Kyabram,3620 has given property investors a potential capital gain of 6.67% across each of those five years.

Property buyers and investors in Kyabram 3620 should be seeing an average reduction in asking price of around -2.52% . This means that Kyabram is holding prices well when compared to other suburbs in VIC.

Kyabram, 3620’s gross rental yield is 5.62%

Metrics i HOUSE UNIT
$265,000 $192,000
2.91% -8.57%
9.28% -15.79%
3.00% 1.26%
$268 $208
89 19
5.25% 5.62%
94.4328358208955 103.75

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Below average (U)
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Demographics
Total population 7320
Median household income ($/weekly) 832
Median age of persons 42
Median housing loan repayment ($/monthly) 1255
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 980 13.4
    35-44 years 847 11.6
    45-54 years 935 12.8
    55-64 years 934 12.8
    65-74 years 767 10.5
    Others 2857 39.0
    Age Group
    Census Count Percent(%)
    Registered Married 2730 52.4
    Not Married 2094 40.2
    Defacto Relationship 381 7.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 6451 92.3
    Japan 101 1.4
    Papua New Guinea 67 1.0
    United Kingdom 157 2.2
    Other 48 0.7
    Others 162 2.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 24 0.4
    Christianity 5062 76.4
    Islam 37 0.6
    Other Religious Groups 24 0.4
    No Religion 1460 22.0
    Others 20 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 280 11.0
    $400-$599 388 15.2
    $600-$799 357 14.0
    $800-$999 278 10.9
    $1,500-$1,999 259 10.2
    Others 985 38.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2403 43.4
    Employed, worked full-time 1794 32.4
    Employed, worked part-time 977 17.6
    Employed, away from work 204 3.7
    Unemployed, looking for work 165 3.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 434 14.6
    Professionals 442 14.9
    Technicians & trades workers 464 15.6
    Clerical & administrative workers 342 11.5
    Labourers 462 15.5
    Others 829 27.9
    Occupation
    Census Count Percent(%)
    Pre-school 107 6.9
    Infants/Primary 603 38.9
    Secondary 536 34.6
    Technical or Further Educational Institution 155 10.0
    University or other Tertiary Institutions 78 5.0
    Others 71 4.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6252 92.7
    Semi-detached, row or terrace house, townhouse 141 2.1
    Flat, unit or apartment 303 4.5
    Caravan, cabin, houseboat 31 0.5
    House or flat attached to a shop, office 11 0.2
    Others 7 0.1
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1107 40.6
    Being purchased 870 31.9
    Rented 731 26.8
    Other tenure type 16 0.6
    Tenure Type
Census 2011, ABS
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