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Kangaroo Flat
AREA REPORTS

Kangaroo Flat

Kangaroo Flat - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3555

house
unit

Property investors have seen a 5.56% gain in KANGAROO FLAT based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on KANGAROO FLAT, 3555 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 24.43%.

Based on its average 5-year and quarterly capital gains KANGAROO FLAT, 3555 saw average growth in the long term.

The VIC 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 $475,000

Profits averaged 16.15% per annum over a 3-year period, due to an upward trend in home prices in KANGAROO FLAT, 3555.

This means, real estate investors could earn a rental income of $400 based on current median home prices for the suburb.

The gross rental yield in KANGAROO FLAT, 3555 is 4.38%.

An average of 20.42 real estate transactions take place per month in KANGAROO FLAT which translates to 245 per annum.

Data report can be found below

Kangaroo Flat
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $475,000 $324,000
GROWTH REPORT
Median Quarterly 5.56% 4.52%
Median 12 month 24.43% 16.34%
Median 3 years 48.44% 35.56%
Median 5 years 58.33% 36.42%
10 years average annual 6.03% 4.31%
Weekly media advert. rent $400 $330
Time on Market 28.0 days 36.9 days
Gross Rental Yield Percent 4.38% 5.3%
demographics (median values)*
Total Population
19687
Weekly Household Income
1060
Household Size
2.30
Age
40
Monthly Loan Repayment
1300
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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