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Kardella South, VIC 3950
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$650,000
list-price estimate
Median Unit
$645,000
Gross Yield (units)
3.4%
1yr Growth
-
Investment snapshot for Kardella South
Kardella South has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Kardella South market and investor summary
Kardella South sits in VIC, postcode 3950. At 1.4% vacancy, it is a tight rental market that favours landlords.
Rental demand looks steady, with vacancy at 1.4% and a resident base that is not shrinking. Houses also take time to sell, around 161 days on market, so plan for a slower exit if you ever need one.
Living in Kardella South: people, income and schools
Kardella South is home to around 135 people, a number that has held fairly steady over five years. The median age is 45, skewed a little older, and 93% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
Households here earn a median of about $98,000 a year, or roughly $1,880 a week. On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (2 out of 10). Locally, around 33% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.
There are 2 schools within about 5km, testing close to the national school average on ICSEA. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 135
- +3% over 5yr
- Median age
- 45 years
- Median household income
- $98,000/yr
- Households renting
- 0%
- Family households
- 76%
- Socio-economic rank
- 2/10
- ABS advantage index
- Schools within 5km
- 2
- avg ICSEA 978
- Unemployment
- 2.5%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Kardella South
No properties currently listed in Kardella South
Search Kardella South listings →Frequently asked questions about Kardella South
What should I check before investing in Kardella South?
Kardella South has enough public data for first-pass screening across yield, vacancy, price and supply signals. Tight rental market (1.4% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Kardella South?
The median property price in Kardella South, VIC 3950 is $645K for units.
What rental yield does Kardella South show?
The gross rental yield in Kardella South is 3.4% for units. 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 Kardella South?
The current vacancy rate in Kardella South is 1.4%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in Kardella South?
Kardella South has a population of approximately 135 residents, with a median age of 45.
What schools are near Kardella South?
There are 2 schools within roughly 5km of Kardella South. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Kardella South's population growing?
The population of Kardella South has grown modestly, about 3% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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