Kilmore is a mid-sized suburb in Victoria within the Mitchell local government area (postcode 3764). With a population of 9,207, the suburb has an established demographic with a median age of 40. Households earn a median income of $81K per year, with an average household size of 2.5 people. The most common occupations are technicians & trades, professionals, clerical & administrative. The top ancestries reported are Australian, English, Irish.
The median house price in Kilmore is $616,000, having increased 4.4% over the past year. Units have a median price of $400,000 (-3.6% YoY). The current median weekly rent is $440. This gives a gross rental yield of approximately 3.7%. The median monthly mortgage repayment is $1,647.
Kilmore is served by 4 schools, including 3 primary, 1 secondary. The average ICSEA score is 1036, which is around the national average of 1,000. Public transport access includes 38 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Mitchell LGA is higher than average at 9,406 incidents per 100,000 population.
From an investment perspective, Kilmore offers a gross rental yield of 3.7%, rated as moderate yield. Property prices are near the state median ($616K/$875K). The price-to-income ratio of 7.6x is considered moderate. House prices have moved +4.4% year-on-year.
Kilmore is a mid-sized suburb in Victoria within the Mitchell local government area (postcode 3764). With a population of 9,207, the suburb has an established demographic with a median age of 40. Households earn a median income of $81K per year, with an average household size of 2.5 people. The most common occupations are technicians & trades, professionals, clerical & administrative. The top ancestries reported are Australian, English, Irish.
The median house price in Kilmore is $616,000, having increased 4.4% over the past year. Units have a median price of $400,000 (-3.6% YoY). The current median weekly rent is $440. This gives a gross rental yield of approximately 3.7%. The median monthly mortgage repayment is $1,647.
Kilmore is served by 4 schools, including 3 primary, 1 secondary. The average ICSEA score is 1036, which is around the national average of 1,000. Public transport access includes 38 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Mitchell LGA is higher than average at 9,406 incidents per 100,000 population.
From an investment perspective, Kilmore offers a gross rental yield of 3.7%, rated as moderate yield. Property prices are near the state median ($616K/$875K). The price-to-income ratio of 7.6x is considered moderate. House prices have moved +4.4% year-on-year.