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Koondrook

Suburb Profile

Koondrook - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3580

house

KOONDROOK, 3580 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 $232,250.

Profits due to an upward trend in home prices in the suburb averaged 12.21% per annum over a 3-year period.

KOONDROOK now ranks at the 83rd place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in KOONDROOK are low, as opposed to average gains per annum over the past five years.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In KOONDROOK, homes and units usually stay on listing for an average of 116.3 days.

In 2016, 22 properties were sold in KOONDROOK during the past year, making it the 431st most active market in VIC based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $232,250 N/A
GROWTH REPORT
Median Quarterly 5.57% N/A
Median 12 month -5.59% N/A
Median 3 years 36.62% N/A
Median 5 years 34.64% N/A
10 years average annual 6.69% N/A
Weekly media advert. rent N/A N/A
Time on Market 116.3 days N/A
Gross Rental Yield Percent N/A N/A
demographics (median values)
Total Population
1206
Weekly Household Income
645.8
Household Size
2.30
demographics
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Top 10 Birth Countries
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Household Income
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