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Koornalla, VIC 3844
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$775,000
list-price estimate
Median Unit
$410,000
list-price estimate
Gross Yield
-
1yr Growth
-
Investment snapshot for Koornalla
Koornalla has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Koornalla market and investor summary
Koornalla sits in VIC, postcode 3844. At 2.5% vacancy, it is a broadly balanced rental market.
Living in Koornalla: people, income and schools
Koornalla is home to around 89 people, a number that has held fairly steady over five years. The median age is 47, skewed a little older, and 79% 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 around the national middle on the ABS advantage index (4 out of 10). Incomes have risen about 12% over five years, which tends to underpin what local buyers can pay.
Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 89
- +3% over 5yr
- Median age
- 47 years
- Median household income
- $98,000/yr
- Households renting
- 21%
- Family households
- 90%
- Socio-economic rank
- 4/10
- ABS advantage index
- Unemployment
- 3.8%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Koornalla
No properties currently listed in Koornalla
Search Koornalla listings →Frequently asked questions about Koornalla
What should I check before investing in Koornalla?
Koornalla 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.
How tight is the rental market in Koornalla?
The current vacancy rate in Koornalla is 2.5%. A rate under 2% generally signals a tight rental market. This suburb's rental market is balanced, favouring neither landlords nor tenants strongly.
How many people live in Koornalla?
Koornalla has a population of approximately 89 residents, with a median age of 47.
Is Koornalla's population growing?
The population of Koornalla 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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