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Kolora, VIC 3265
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$620,000
Median Unit
$245,000
Gross Yield (houses)
3.4%
1yr Growth
-
Investment snapshot for Kolora
Kolora has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Kolora market and investor summary
Kolora (VIC 3265) runs a median house price of $620K, with houses yielding a gross 3.4%. At 3.8% 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 3.4% will not cover holding costs in the early years, so the case leans on price appreciation. Demand is softer at 3.8% vacancy, so longer gaps between tenants are more likely and worth building into the numbers.
Living in Kolora: people, income and schools
Kolora is home to around 188 people, a number that has held fairly steady over five years. The median age is 47, skewed a little older, and families account for 80% of households.
Households here earn a median of about $94,000 a year, or roughly $1,810 a week. On socio-economic measures it ranks comfortably above the national middle (7 out of 10 on the ABS advantage index). At current prices a median house runs to about 6.6 times local household income, in line with much of metropolitan Australia. Incomes have risen about 25% over five years, which tends to underpin what local buyers can pay.
There is 1 school within about 5km, testing close to the national school average on ICSEA. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 188
- +2% over 5yr
- Median age
- 47 years
- Median household income
- $94,000/yr
- Households renting
- 8%
- Family households
- 80%
- Socio-economic rank
- 7/10
- ABS advantage index
- Schools within 5km
- 1
- avg ICSEA 968
- Unemployment
- 1.8%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Kolora
No properties currently listed in Kolora
Search Kolora listings →Frequently asked questions about Kolora
What should I check before investing in Kolora?
Kolora has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.6% gives a usable rent-to-price starting point. Houses sell quickly (22 days on market), which points to strong sales liquidity. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Kolora?
The median property price in Kolora, VIC 3265 is $620K for houses and $245K for units.
What rental yield does Kolora show?
The gross rental yield in Kolora is 3.4% for houses and 4.6% 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 Kolora?
The current vacancy rate in Kolora is 3.8%. 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 Kolora?
Kolora has a population of approximately 188 residents, with a median age of 47.
What schools are near Kolora?
There are 1 school within roughly 5km of Kolora. 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 Kolora affordable to buy in?
A median house in Kolora costs about 6.6 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 Kolora's population growing?
The population of Kolora has grown modestly, about 2% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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