Kooyong is a small community in Victoria within the Stonnington local government area (postcode 3144). With a population of 842, the suburb has an established demographic with a median age of 44. Households earn a median income of $167K per year, with an average household size of 2.5 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
Units have a median price of $1.1 million (+8.4% YoY). The current median weekly rent is $575. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $3,425.
Public transport access includes 2 rail stations, 5 bus stops. The crime rate in the Stonnington LGA is higher than average at 12,012 incidents per 100,000 population.
From an investment perspective, Kooyong offers a gross rental yield of 2.7%, rated as low yield. Property prices are near the state median ($1.1M/$875K). The price-to-income ratio of 6.6x is considered moderate. House prices have moved +8.4% year-on-year.
Kooyong is a small community in Victoria within the Stonnington local government area (postcode 3144). With a population of 842, the suburb has an established demographic with a median age of 44. Households earn a median income of $167K per year, with an average household size of 2.5 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
Units have a median price of $1.1 million (+8.4% YoY). The current median weekly rent is $575. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $3,425.
Public transport access includes 2 rail stations, 5 bus stops. The crime rate in the Stonnington LGA is higher than average at 12,012 incidents per 100,000 population.
From an investment perspective, Kooyong offers a gross rental yield of 2.7%, rated as low yield. Property prices are near the state median ($1.1M/$875K). The price-to-income ratio of 6.6x is considered moderate. House prices have moved +8.4% year-on-year.