Kyneton

POSTAL CODE: VIC, 3444
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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 $838,500.

The downward trend in home prices in KYNETON, 3444 averaged -1.02% per annum over a 3-year period.

Average weekly rents on listings have reached the $590 mark, reflecting a 3.66% increase in returns based on the current median price in KYNETON.

An average of 9.33 real estate transactions take place per month in KYNETON which translates to 112 per annum.

112 properties were sold in KYNETON in 2016, making it the 705th most active market in VIC based on total real estate transactions.

KYNETON, 3444 places 115th in Australia based on median property value growth during the quarter.

Surburb overview

Kyneton is a regional township in the Macedon Ranges region of central Victoria, about 86 kilometres north-west of the Melbourne CBD. Situated within the Macedon Ranges Shire, the township is an important administrative, commercial and healthcare centre for the surrounding district. Kyneton is known for its well-preserved historic streetscape, thriving arts and food scene, and strong connections to agriculture, tourism, education and professional services. Its blend of heritage architecture and modern amenities has made it one of the Macedon Ranges' principal regional centres.

According to the 2021 Census, Kyneton had a population of 7,502 people. The township has experienced steady population growth, attracting families, professionals, retirees and commuters seeking a regional lifestyle within easy reach of Melbourne. The community is supported by a diverse range of local organisations, cultural groups, sporting clubs and community events.

Kyneton is well connected by the Calder Freeway, providing direct road access to Melbourne, Bendigo and neighbouring townships throughout the Macedon Ranges. Kyneton Railway Station is located on the V/Line Bendigo line, offering regular rail services to Melbourne's Southern Cross Station, Bendigo and other regional destinations. Local bus services also connect the township with surrounding communities and nearby regional centres.

As a major regional service centre, Kyneton offers a comprehensive range of essential amenities, including primary and secondary schools, childcare services, medical clinics, Kyneton District Health, pharmacies, supermarkets, cafés, restaurants, retail businesses, community facilities, a library and government services. Residents also have access to aged care providers, professional offices, sporting facilities and a broad range of health and wellbeing services. At the same time, larger tertiary hospitals and universities are available in Bendigo and Melbourne.

Recreational opportunities include walking and cycling through the Kyneton Botanic Gardens and along the Campaspe River, participating in sporting clubs for football, cricket, netball, tennis and golf, and enjoying the township's galleries, museums and performing arts venues. The nearby Macedon Regional Park and Hanging Rock Reserve provide opportunities for bushwalking, picnicking and wildlife observation. At the same time, Kyneton's regular farmers' markets, food festivals and cultural events contribute to a vibrant year-round community calendar.

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