VIC/
South kingsville

Suburb Profile

South Kingsville - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3015

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The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $980,000.

The upward trend in home prices in SOUTH KINGSVILLE, 3015 averaged 13.33% per annum over a 3-year period.

Average weekly rents on listings have reached the $440 mark, reflecting a 2.33% increase in returns based on the current median price in SOUTH KINGSVILLE.

An average of 2.33 real estate transactions take place per month in SOUTH KINGSVILLE which translates to 28 per annum.

28 properties were sold in SOUTH KINGSVILLE in 2016, making it the 347th most active market in VIC based on total real estate transactions.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $980,000 $510,000
GROWTH REPORT
Median Quarterly N/A -19.05%
Median 12 month 8.23% -12.82%
Median 3 years 40% 15.65%
Median 5 years 61.18% 27.5%
10 years average annual 7.22% 4.06%
Weekly media advert. rent $440 $370
Time on Market 61.5 days 56.6 days
Gross Rental Yield Percent 2.33% 3.77%
demographics (median values)
Total Population
1716
Weekly Household Income
996.9
Household Size
2.30
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South Kingsville, VIC
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