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Kyabram
AREA REPORTS

Kyabram

Kyabram - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3620

house
unit

KYABRAM, 3620 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in VIC have risen as a whole, pulling KYABRAM, 3620 values up and netting property investors a capital gain of 17.86% for the past year.

Investors saw the median home price rise to $330,000.

Profits due to an upward trend in home prices in the suburb averaged 11.34% per annum over a 3-year period.

KYABRAM now ranks at the 108th 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 KYABRAM are low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $320 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In KYABRAM, homes and units usually stay on listing for an average of 50.6 days.

In 2016, 130 properties were sold in KYABRAM during the past year, making it the 650th most active market in VIC based on total real estate transactions.

Data report can be found below

Kyabram
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $330,000 $275,000
GROWTH REPORT
Median Quarterly 8.2% 13.87%
Median 12 month 17.86% 30.95%
Median 3 years 34.01% 24.58%
Median 5 years 42.09% 41.94%
10 years average annual 5.28% 4.36%
Weekly media advert. rent $320 $260
Time on Market 50.6 days 104.6 days
Gross Rental Yield Percent 5.04% 4.92%
demographics (median values)*
Total Population
8240
Weekly Household Income
1045
Household Size
2.40
Age
45
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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