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Kennett River, VIC 3234

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Median House

$1,135,000

market range $775K-$1.1M

Median Unit

$485,000

Gross Yield (houses)

2.8%

1yr Growth

-

Investment snapshot for Kennett River

Kennett River has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Investment score breakdown

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Kennett River market and investor summary

In Kennett River, VIC 3234, the median house sells for around $1.1M, on a gross rental yield of 2.8% for houses.

For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 2.8% will not cover holding costs in the early years, so the case leans on price appreciation.

Living in Kennett River: people, income and schools

Kennett River has a resident population of roughly 74. At a median age of 41, it reads as skewed a little older, with renters making up 50% of households.

The typical household income runs to around $94,000 a year (about $1,810 a week). On socio-economic measures it ranks comfortably above the national middle (8 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 12.0 times local household income, so affordability is a genuine constraint on local buyers. Locally, around 38% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.

It is fairly car-dependent; the suburb scores 17 for walkability and 1 for transit out of 100.

Population
74
Median age
41 years
Median household income
$94,000/yr
Households renting
50%
Family households
65%
Socio-economic rank
8/10
ABS advantage index
Walk score
17/100

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Kennett River

No properties currently listed in Kennett River

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Frequently asked questions about Kennett River

What should I check before investing in Kennett River?

Kennett River 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 Kennett River?

The median property price in Kennett River, VIC 3234 is $1.1M for houses and $485K for units.

What rental yield does Kennett River show?

The gross rental yield in Kennett River is 2.8% for houses. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

How many people live in Kennett River?

Kennett River has a population of approximately 74 residents, with a median age of 41.

Is Kennett River affordable to buy in?

A median house in Kennett River costs about 12.0 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). 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.

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