This property is Off Market
With an average age of 42, households expect an average monthly mortgage payment of $1,810 or a weekly rent payment of $400. The average family earns a weekly income of $2,067 with a typical household size of 2.5 and a 97.9% employment rate.
Consistent high demand relative to supply is a key feature in Kyneton driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Kyneton are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Kyneton provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Kyneton necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Kyneton the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
(Country of Birth not stated 2%)
Kyneton a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Victoria State average 44 / 100
Income
47 / 100
52 / 100
Industry
10 / 100
17 / 100
Population
32 / 100
32 / 100
House Prices
85 / 100
70 / 100
Jobs
26 / 100
34 / 100
Incidents Trend State Average
Malmsbury Primary School
Malmsbury, VIC, 3446 State Prep-6
Kyneton Primary School
Kyneton, VIC, 3444 State Prep-6
Tylden Primary School
Tylden, VIC, 3444 State Prep-6
Sacred Heart College
Kyneton, VIC, 3444 Independent 7-12
Langley Primary School
Langley, VIC, 3444 State Prep-4
Kyneton High School
Kyneton, VIC, 3444 State 7-12
Woodend Primary School
Woodend, VIC, 3442 State Prep-6
Drummond Primary School
Drummond, VIC, 3461 State 6
St Ambrose's School
Woodend, VIC, 3442 Independent Prep-6
Our Lady of the Rosary
Kyneton, VIC, 3444 Independent Prep-6
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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