Suburb Profile Report for Koo Wee Rup VIC (3981)

Koo Wee Rup House: Median price $508,500, Annual capital growth 7.47%, Number of sales 60, Weekly median advertised rent $375

Koo Wee Rup Unit: Median price $377,000, Annual capital growth 6.26%, Number of sales 11, Weekly median advertised rent $280

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

If you compare the increase in value of investment property in Koo Wee Rup, 3981 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 14.27%.

The five-year average increase in median property values for Koo Wee Rup,3981 has given property investors a potential capital gain of 61.36% across each of those five years.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Koo Wee Rup, 3981. Typically our figures indicate that -5.96% is being offered, which puts this VIC suburb at 1594th most discounted overall in Australia.

Renters in Suburb are facing rents around $19500 per annum or $375 every week.

Over the last year, property investments in Koo Wee Rup, 3981 have given investors a capital gain of 6.50%. This compares favourably with the 2.97% for VIC as a whole.

Using the current median advertised rental of $280 and the average annual increase in value of a median property of 6.26%, investors should hope to achieve an overall return of 3.86%

Metrics i HOUSE UNIT
$508,500 $377,000
3.88% -2.33%
14.27% 6.50%
7.47% 6.26%
$375 $280
60 11
3.83% 3.86%
35.82 N/A

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload each month. Please note that data is routinely updated by our partners, so may change month to month.

DSR Score for property investment : Good (H), 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
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