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Kaarimba, VIC 3635
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$600,000
Median Unit
$320,000
list-price estimate
Gross Yield (houses)
3.1%
1yr Growth
-
Investment snapshot for Kaarimba
Kaarimba has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Kaarimba market and investor summary
In Kaarimba, VIC 3635, the median house sells for around $600K, on a gross rental yield of 3.1% for houses. At 4.0% vacancy, it is a softer rental market with more choice for tenants.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 3.1% will not cover holding costs in the early years, so the case leans on price appreciation. Demand is softer at 4.0% vacancy, so longer gaps between tenants are more likely and worth building into the numbers.
Living in Kaarimba: people, income and schools
Kaarimba has a resident population of roughly 93, a number that has held fairly steady over five years. At a median age of 46, it reads as skewed a little older, and 74% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
The typical household income runs to around $94,000 a year (about $1,810 a week). On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). At current prices a median house runs to about 6.4 times local household income, in line with much of metropolitan Australia. Incomes have risen about 13% over five years, which tends to underpin what local buyers can pay.
Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 93
- -1% over 5yr
- Median age
- 46 years
- Median household income
- $94,000/yr
- Households renting
- 26%
- Family households
- 74%
- Socio-economic rank
- 4/10
- ABS advantage index
- Unemployment
- 3.2%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Kaarimba
No properties currently listed in Kaarimba
Search Kaarimba listings →Frequently asked questions about Kaarimba
What should I check before investing in Kaarimba?
Kaarimba has enough public data for first-pass screening across yield, vacancy, price and supply signals. Use the available metrics below to compare it with nearby suburbs before relying on the suburb-level view.
What are typical property prices in Kaarimba?
The median property price in Kaarimba, VIC 3635 is $600K for houses.
What rental yield does Kaarimba show?
The gross rental yield in Kaarimba is 3.1% for houses. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
How tight is the rental market in Kaarimba?
The current vacancy rate in Kaarimba is 4.0%. A rate under 2% generally signals a tight rental market. This suburb's rental market is softer, with tenants having more choice and rents possibly under pressure.
How many people live in Kaarimba?
Kaarimba has a population of approximately 93 residents, with a median age of 46.
Is Kaarimba affordable to buy in?
A median house in Kaarimba costs about 6.4 times the median local household income (broadly in line with metropolitan Australia). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Kaarimba's population growing?
The population of Kaarimba has held roughly flat over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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