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Kinglake
AREA REPORTS

Kinglake

Kinglake - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3763

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

The 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 $617,500.

The upward trend in home prices in KINGLAKE, 3763 averaged 9.55% per annum over a 3-year period.

Average weekly rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in KINGLAKE.

An average of 2 real estate transactions take place per month in KINGLAKE which translates to 24 per annum.

24 properties were sold in KINGLAKE in 2016, making it the 444th most active market in VIC based on total real estate transactions.

KINGLAKE, 3763 places 204th in Australia based on median property value growth during the quarter.

Data report can be found below

Kinglake
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $617,500 N/A
GROWTH REPORT
Median Quarterly 4.66% N/A
Median 12 month 6.47% N/A
Median 3 years 28.65% N/A
Median 5 years 82.96% N/A
10 years average annual 10.11% N/A
Weekly media advert. rent N/A N/A
Time on Market 32.6 days N/A
Gross Rental Yield Percent N/A N/A
demographics (median values)*
Total Population
1536
Weekly Household Income
1353
Household Size
2.50
Age
41
Monthly Loan Repayment
1500
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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