Kilsyth South is a smaller residential area in Victoria within the Maroondah local government area (postcode 3137). The area has roughly 2,862 residents and an established family demographic, with a median age of 42. Households earn a median income of $121K per year, with an average household size of 3 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.0% year-on-year at the LGA level. VIC employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. VIC also had 45 Commonwealth-backed major projects under construction, 17 underway, and 27 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are technicians & trades, professionals, clerical & administrative. Employment in the area leans toward construction and healthcare. The top ancestries reported are Australian, English, Scottish.
Median house prices in Kilsyth South stand at $1.1 million, having risen solidly by 5.7% over the last twelve months. The current median weekly rent is $590. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $1,950.
Public transport access includes 18 bus stops. The crime rate in the Maroondah LGA is moderate at 7,515 incidents per 100,000 population.
From an investment perspective, Kilsyth South shows a gross rental yield of approximately 2.8%, rated as low yield. Property prices are near the state median ($1.1M/$875K). The price-to-income ratio of 9.1x is considered moderate. House prices have moved +5.7% year-on-year. Population growth of +1.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.