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Kangaroo Ground
VIC, 3097 - Nillumbik

Thinking about buying in Kangaroo Ground? Now could not be a better time, with 520 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $2,607,000 with prices in this suburb ranging from $870,000 to $6,192,000. The aproximate distance to the coast is 25 Km.

Household Makeup

Median Weekly Rent $380.63
Median Monthly Mortgage $2721.88
Median Persons Per Bedroom 0.80
Average Household Size 3.00
Average Age 45.75
Average Income $1012.25
Average Cars Per Dwelling 2.77
Average Properties Within 50M 1

Housing Stock

Average Property Prices

1 Bed  $930,000
3 Bed  $1,992,000
4 Bed  $2,517,000
5 Bed  $2,972,000
6 Bed+$3,114,000

Kangaroo Ground Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Kangaroo Ground driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Kangaroo Ground ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Kangaroo Ground provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Kangaroo Ground to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Kangaroo Ground we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Kangaroo Ground a better buying opportunity than it may have been in the past.

Houses for sale Kangaroo Ground

BarryPlant 500 ELTHAM-YARRA GLEN RD, KANGAROO GROUND, VIC, 3097 Beds2 Bathrooms2 Parking 4 Price Guide: $1.8m - $1.9m
BarryPlant 200 ELTHAM-YARRA GLEN RD, KANGAROO GROUND, VIC, 3097 Beds6 Bathrooms4 Parking 2 Price Guide: Contact Agent for Price

Local Schools

Kangaroo Ground Primary School

Eltham College

Research Primary School

Wattle Glen Primary School

(While the above schools are located with the suburb of Kangaroo Ground there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Kangaroo Ground weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Nov1.711.123.440.694.73.221.6
Dec1.812.826.436.6933.225.4
Jan1.714.828.835.991.93.223.6
Feb1.214.628.138.092.62.820.2
Mar1.412.824.841.793.52.614.8
Apr2.110.321.347.296.62.410.8
May1.78.417.554.595.52.87.6
Jun1.86.014.364.398.22.36.4
Jul1.46.414.261.197.32.97.4
Aug1.96.014.653.896.23.09.6
Sept1.67.818.145.895.43.114.1
Oct1.69.521.343.4953.218.5

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Watsons CreekNorth WarrandyteResearchWattle GlenBend Of IslandsPanton HillWonga ParkHurstbridgeWarrandyteDiamond Creek

Public Transport


General Points of Interest

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