Koo Wee Rup VIC 3981

Here you can find what you need to know about Koo Wee Rup, VIC, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$680K Median Sale Price (National Average $485k) 441st In VIC
5.43% Median Sale Price Change (1yr) (National Average 4.30%) 120th In VIC
$588pw Median Rent (National Average $395) 235th In VIC
4.5% Median Gross Yield (National Average 4.24%) 83rd In VIC
Properties sold 68
Average discounting -6.18%
Average Days on Market 63
Stock on Market 61 for sale

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Koo Wee Rup, VIC National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Koo Wee Rup, VIC National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Koo Wee Rup, VIC National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Property Prices in Koo Wee Rup


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State Auction Clearance Rates


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Suburb Information

Koo Wee Rup, VIC 3981

Part of: Cardinia Council No data available

The size of Koo Wee Rup is approximately 57.6 square kilometres. It has 2 parks covering nearly 0.1% of total area. The population of Koo Wee Rup in 2011 was 3,079 people. By 2016 the population was 3,583 showing a population growth of 16.4% in the area during that time. The predominant age group in Koo Wee Rup is 0-9 years. Households in Koo Wee Rup are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Koo Wee Rup work in a trades occupation. In 2011, 74.2% of the homes in Koo Wee Rup were owner-occupied compared with 75.8% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Koo Wee Rup

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Koo Wee Rup   for Houses in last 12 months


There have been 68 Houses sold in Koo Wee Rup in the past 12 months with a median sale price of $680K, up 5.4% annually. It takes on average 49 days to sell with vendor discounting of -6.2%.

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