Kilcunda VIC

Postcode 3995 · Bass Coast LGA

Kilcunda is a small community in Victoria within the Bass Coast local government area (postcode 3995). With a population of 578, the suburb has an older demographic with a median age of 55. Households earn a median income of $73K per year, with an average household size of 2.2 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are English, Australian, Scottish.

The median house price in Kilcunda is $815,000, having declined 5.8% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $1,733.

Public transport access includes 4 bus stops. The crime rate in the Bass Coast LGA is higher than average at 8,622 incidents per 100,000 population.

From an investment perspective, Kilcunda offers a gross rental yield of 2.9%, rated as low yield. Property prices are near the state median ($815K/$875K). The price-to-income ratio of 11.1x is considered stretched. House prices have moved -5.8% year-on-year.

INVESTMENT SIGNALS
Rental Yield2.9% Low Yield
Price vs State$815K/$875K Near Median
Affordability11.1x Stretched
Price Momentum-5.8% Falling
SEIFA INDEX (ABS)
Advantage8/10
Education7/10
Economic6/10
Disadvantage7/10
MEDIAN HOUSE
$815K
-5.8% YoY
MEDIAN RENT /WK
$315
POPULATION
578
DEMOGRAPHICS
Median Age55
Household Size2.2
HH Income /wk$1,412
Personal Income /wk$714
Mortgage /mth$1,733
CRIME (Bass Coast LGA)
Crime Rate (per 100k)8,622
Total Incidents3,822
TRANSPORT
Bus Stops4
Data: 2023