VIC/
Kyneton

Suburb Profile

Kyneton - FREE SUBURB PROFILE REPORT
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 $502,500.

The upward trend in home prices in KYNETON, 3444 averaged 8.54% per annum over a 3-year period.

Average weekly rents on listings have reached the $400 mark, reflecting a 4.14% increase in returns based on the current median price in KYNETON.

An average of 10.58 real estate transactions take place per month in KYNETON which translates to 127 per annum.

127 properties were sold in KYNETON in 2016, making it the 627th most active market in VIC based on total real estate transactions.

KYNETON, 3444 places 366th in Australia based on median property value growth during the quarter.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $502,500 $389,000
GROWTH REPORT
Median Quarterly 1.52% N/A
Median 12 month 7.95% 5.71%
Median 3 years 25.63% N/A
Median 5 years 34.36% 49.62%
10 years average annual 7.1% 7.67%
Weekly media advert. rent $400 $325
Time on Market 68.7 days 56.0 days
Gross Rental Yield Percent 4.14% 4.34%
demographics (median values)
Total Population
5909
Weekly Household Income
798.1
Household Size
2.40
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Kyneton, VIC
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