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Kernot, VIC 3979
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$970,000
Median Unit
-
Gross Yield (houses)
2.0%
1yr Growth
-
Investment snapshot for Kernot
Kernot has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Kernot market and investor summary
In Kernot, VIC 3979, the median house sells for around $970K, on a gross rental yield of 2.0% for houses.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 2.0% will not cover holding costs in the early years, so the case leans on price appreciation.
Living in Kernot: people, income and schools
Kernot has a resident population of roughly 118, and the area has been growing steadily, up about 14% over five years. At a median age of 44, it reads as skewed a little older, and 86% 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 $98,000 a year (about $1,880 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 9.9 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 28% over five years, which tends to underpin what local buyers can pay.
It is fairly car-dependent; the suburb scores 4 for walkability out of 100. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 118
- +14% over 5yr
- Median age
- 44 years
- Median household income
- $98,000/yr
- Households renting
- 0%
- Family households
- 73%
- Socio-economic rank
- 8/10
- ABS advantage index
- Unemployment
- 3.5%
- Walk score
- 4/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Kernot
No properties currently listed in Kernot
Search Kernot listings →Frequently asked questions about Kernot
What should I check before investing in Kernot?
Kernot 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 Kernot?
The median property price in Kernot, VIC 3979 is $970K for houses.
What rental yield does Kernot show?
The gross rental yield in Kernot is 2.0% 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 Kernot?
Kernot has a population of approximately 118 residents, with a median age of 44.
Is Kernot affordable to buy in?
A median house in Kernot costs about 9.9 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.
Is Kernot's population growing?
The population of Kernot has grown about 14% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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