AREA REPORTS

Kyneton

 

 

VIC/
Kyneton

Suburb Profile

Kyneton - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3444

house
unit

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $550,000.

The upward trend in home prices in KYNETON, 3444 averaged 10.32% per annum over a 3-year period.

Average weekly rents on listings have reached the $410 mark, reflecting a 3.88% increase in returns based on the current median price in KYNETON.

An average of 10.5 real estate transactions take place per month in KYNETON which translates to 126 per annum.

126 properties were sold in KYNETON in 2016, making it the 647th most active market in VIC based on total real estate transactions.

KYNETON, 3444 places 139th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $550,000 $397,500
GROWTH REPORT
Median Quarterly 2.8% -0.38%
Median 12 month 11.11% 0.89%
Median 3 years 30.95% 22.31%
Median 5 years 48.65% 43.24%
10 years average annual 8.28% 6.57%
Weekly media advert. rent $410 $330
Time on Market 61.6 days 0.0 days
Gross Rental Yield Percent 3.88% 4.32%
demographics (median values)
Total Population
5909
Weekly Household Income
798.1
Household Size
2.40
demographics
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