kilsyth south

3137, Victoria

Real Estate & Property Information

Median
Price Rank
240

kilsyth south Suburb Profile & Review

Kilsyth South is a sedate, beautiful suburb located forty minutes away from the hustle and bustle of the city, in the foothills of the Dandenong Ranges.

The area's majestic surroundings are predominantly home to working class families. The main shopping areas are Churinga Village Shopping Centre and Kilsyth Shopping Centre, both on Mount Dandenong Road. Here you will find a Coles and a Safeway, quaint cafes and restaurants, hairdressers and clothes shops. For something larger, Eastland Shopping Centre is less than fifteen minutes away. There is one independent primary school, the Ghilgai Steiner School, which provides Rudolf Steiner education in a rural setting. There are three other schools in Kilsyth proper, including St Richards Primary School and Gladesville Primary School. High schools can be found in nearby Mooroolbark and Croydon.

The suburb boasts a variety of recreational facilities, such as the Kilsyth-Mooroolbark Ballet Academy, Sakura Karate Club and a swim school at Kilsyth Centenary Pool. Adults can enjoy a round of golf at the prestigious Eastwood Golf Club. For public transport, Kilsyth is serviced by an extensive bus network. Buses stop at Croydon Station, where the trains operates on the Lilydale line.

kilsyth south Demographic Data

$ 513,750 Median House Price

38 Minutes Average Commute

35 Median Age

3,053 Population

50.08 % Female

49.92 % Male

827 NO OF FAMILIES

2.0 AVG CHILDREN PER FAMILY

0.9 AVG MOTOR VEHICLE PER DWELLING

What this means

The following data, without any explanation, is just that, raw data. So in order to help you research the property market, we have outlined what this demographic and real estate information means and how it can be interpreted to help you make a smarter decision when buying or selling your next house or unit in kilsyth south, Victoria.

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kilsyth south Demographic Data

The demographic data below has been supplied by the Australian Bureau of Statistics (ABS), which is a government body. It is based on Census data collected every 5 years on the Australian population. Although it is dated 2011, this is the latest data available and should give property investors, property buyers and sellers a very good idea when researching or reviewing their suburb.

It’s important to note when looking at this data that you don’t just use it on its own. Consider this demographic and real estate data as a whole and seek advice from a professional when thinking of buying or selling your next property.

kilsyth south Median House Prices

  • 2008 $ 405,000
  • 2009 $ 475,000
  • 2010 $ 433,500
  • 2011 $ 511,000
  • 2012 $ 513,750

What this means

Median values are the most accepted measure of property values in the real estate industry in Australia. The median is the midpoint (the middle) figure when all the sold property prices over a particular period of time are ordered from their lowest to their highest value.

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kilsyth south 5 Year Median House Prices

Here we have outlined the median value for all sales for each year over a period of 5 years. This is a more realistic timeframe when gauging how houses and units in kilsyth south have performed, and it usually indicates how they will perform in the future.

Median values less than 3 months old are often not always accurate (due to incomplete data) and therefore cannot be relied upon for long-term kilsyth south property price predictions.

kilsyth south Market Property Types

  • 98 % Seperate House
  • 2 % Semi Detached
  • 0 % Flat or Unit
  • 0 % Other Dwelling

What this means

The property type in your suburb will help you identify the density of the area. The greater the number of flats, units and apartments, the more likely it is the suburb has a higher density of living and occupants are more reliant on public transport, cafes, restaurants, convenience stores and amenities, infrastructure and less reliant on their own vehicle for transport.

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kilsyth south Market Property Types

Typically, inner city suburbs within 10km of the CBD are comprised of apartments and semi-detached homes, while middle ring suburbs have semi-detached and detached properties. Rural properties would most likely fall under the “other” category.

This ABS Property Type data combined with Population Density and Family Composition figures gives a good indication of the type of people living in an area and therefore what type of property (1-2 bed apartment or house) would be an ideal investment or property to live in.

kilsyth south Income & Mortgage Stats

  • $ 1,701 Median Weekly Household Income
  • $ 1,733 Median Monthly Mortgage

What this means

This is one of the most compelling statistics in this section because it has a profound impact on real estate prices. It should always be considered when buying or selling property in kilsyth south

Experts believe mortgage stress occurs in real estate when property owners are spending over 30% of their gross income on their mortgage repayments. These figures show weekly income and monthly mortgages.

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kilsyth south Income & Mortgage Stats

To calculate the percentage of income paid towards a mortgage for the suburb of Melbourne, multiply the mortgage payment (e.g. $2450) by 12 then divide this figure by the weekly income (e.g. $1200) multiplied by 52 (weeks) to look like this ($2450 x12/$1200 x 52) x 100 = 47%

Any figure above 30% usually indicates that the suburb you intend to buy in may have property owners with a high incidence of mortgage stress. In terms of maintaining or growing property values in the future and trying to secure a strong property price when selling, this could have an impact, especially in an economic or local industry downturn.

kilsyth south Sold Property Prices

kilsyth south Real Estate Experts

In each suburb we have identified real estate agents who are active local experts. Our goal is to have a network of real estate agents that have been reviewed by previous clients for future buyers and sellers to rely on when making their next property move or even when they just wanting real estate advice.

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kilsyth south Sporting Centres and Clubs

  • Eastwood Golf Clubkilsyth south VIC 3137Bowling Club
  • Eastwoodkilsyth south VIC 3137Golf Course
  • Grayswood Reservekilsyth south VIC 3137Skate Park Facility

Find out How Much your House is Worth in kilsyth south

Request a free market Basic Report for kilsyth south to get a general idea of property prices in your area, or a more specific CMA Report for the property you own.

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