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AREA REPORTS

Kangaroo Flat

Suburb Profile

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

house
unit

Property investors have seen a 2.57% gain in KANGAROO FLAT based on an increase in median home prices for the past three months.

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 $343,625

Profits averaged 4.88% 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 $340 based on current median home prices for the suburb.

The gross rental yield in KANGAROO FLAT, 3555 is 5.15%.

An average of 15.67 real estate transactions take place per month in KANGAROO FLAT which translates to 188 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $343,625 $243,500
GROWTH REPORT
Median Quarterly 2.57% 1.46%
Median 12 month 7.38% 3.07%
Median 3 years 14.64% 0.93%
Median 5 years 14.54% 10.68%
10 years average annual 3.48% 3.31%
Weekly media advert. rent $340 $272.5
Time on Market 51.5 days 75.8 days
Gross Rental Yield Percent 5.15% 5.82%
demographics (median values)
Total Population
8416
Weekly Household Income
724.5
Household Size
2.40
demographics
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