VIC/
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 $265,000.

Profits due to an upward trend in home prices in the suburb averaged 12.85% per annum over a 3-year period.

KOONDROOK now ranks at the 165th 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 127.5 days.

In 2016, 25 properties were sold in KOONDROOK during the past year, making it the 376th most active market in VIC based on total real estate transactions.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $265,000 N/A
GROWTH REPORT
Median Quarterly 4.13% N/A
Median 12 month N/A N/A
Median 3 years 38.56% N/A
Median 5 years 70.42% N/A
10 years average annual 10.24% N/A
Weekly media advert. rent N/A N/A
Time on Market 127.5 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
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Koondrook, VIC
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