Kinglake is a small community in Victoria within the Murrindindi local government area (postcode 3763). With a population of 1,662, the suburb has an established demographic with a median age of 43. Households earn a median income of $90K per year, with an average household size of 2.6 people. The most common occupations are technicians & trades, community & personal service, professionals. The top ancestries reported are English, Australian, Irish.
The median house price in Kinglake is $775,000, having surged 17% over the past year. The current median weekly rent is $385. This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $1,733.
Kinglake is served by 1 school, including 1 primary. The average ICSEA score is 1007, which is around the national average of 1,000. Public transport access includes 1 rail station, 2 bus stops. The crime rate in the Murrindindi LGA is moderate at 5,639 incidents per 100,000 population.
From an investment perspective, Kinglake offers a gross rental yield of 2.6%, rated as low yield. Property prices are near the state median ($775K/$875K). The price-to-income ratio of 8.6x is considered moderate. House prices have moved +17.0% year-on-year.
Kinglake is a small community in Victoria within the Murrindindi local government area (postcode 3763). With a population of 1,662, the suburb has an established demographic with a median age of 43. Households earn a median income of $90K per year, with an average household size of 2.6 people. The most common occupations are technicians & trades, community & personal service, professionals. The top ancestries reported are English, Australian, Irish.
The median house price in Kinglake is $775,000, having surged 17% over the past year. The current median weekly rent is $385. This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $1,733.
Kinglake is served by 1 school, including 1 primary. The average ICSEA score is 1007, which is around the national average of 1,000. Public transport access includes 1 rail station, 2 bus stops. The crime rate in the Murrindindi LGA is moderate at 5,639 incidents per 100,000 population.
From an investment perspective, Kinglake offers a gross rental yield of 2.6%, rated as low yield. Property prices are near the state median ($775K/$875K). The price-to-income ratio of 8.6x is considered moderate. House prices have moved +17.0% year-on-year.