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Kirwans Bridge, VIC 3608
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$445,000
market range $425K-$800K
Median Unit
$430,000
Gross Yield (houses)
7.1%
1yr Growth
-
Investment snapshot for Kirwans Bridge
Kirwans Bridge has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Kirwans Bridge market and investor summary
In Kirwans Bridge, VIC 3608, the median house sells for around $445K, on a gross rental yield of 7.1% for houses. At 3.4% vacancy, it is a softer rental market with more choice for tenants.
For an investor, the rent-to-price maths here leans toward cashflow: a gross house yield near 7.1% does more of the early heavy lifting than capital growth usually would at this price point. Houses also take time to sell, around 130 days on market, so plan for a slower exit if you ever need one.
Living in Kirwans Bridge: people, income and schools
Kirwans Bridge is home to around 134 people, and the area has been growing steadily, up about 12% over five years. At a median age of 63, it reads as an older, established demographic, and 96% 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 $66,000 a year (about $1,270 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 6.7 times local household income, in line with much of metropolitan Australia. Incomes have risen about 16% over five years, which tends to underpin what local buyers can pay.
Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 134
- +12% over 5yr
- Median age
- 63 years
- Median household income
- $66,000/yr
- Households renting
- 0%
- Family households
- 80%
- Socio-economic rank
- 4/10
- ABS advantage index
- Unemployment
- 3.9%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Kirwans Bridge
No properties currently listed in Kirwans Bridge
Search Kirwans Bridge listings →Frequently asked questions about Kirwans Bridge
What should I check before investing in Kirwans Bridge?
Kirwans Bridge has enough public data for first-pass screening across yield, vacancy, price and supply signals. Strong house gross rental yield of 7.1%, before expenses, tax and loan costs. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Kirwans Bridge?
The median property price in Kirwans Bridge, VIC 3608 is $445K for houses and $430K for units.
What rental yield does Kirwans Bridge show?
The gross rental yield in Kirwans Bridge is 7.1% for houses and 6.8% 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 Kirwans Bridge?
The current vacancy rate in Kirwans Bridge is 3.4%. 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 Kirwans Bridge?
Kirwans Bridge has a population of approximately 134 residents, with a median age of 63.
Is Kirwans Bridge affordable to buy in?
A median house in Kirwans Bridge costs about 6.7 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 Kirwans Bridge's population growing?
The population of Kirwans Bridge has grown about 12% 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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