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Suburb Insights ยท VIC 3097

Kangaroo Ground 3097, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Kangaroo Ground is a well-established middle-ring suburb of Melbourne, Australia, with a population of approximately 1,208, making it a boutique locality. Located approximately 27 km from the Melbourne CBD, Kangaroo Ground is a middle ring area in Victoria. The median household income is $151,268 AUD per year (ABS 2021 Census).

Investment Score

68 / 100 Good

Strong household incomes in Kangaroo Ground underpin solid property demand.

Location

Map shows Kangaroo Ground, Victoria, Australia.

Key Indicators

Postcode
3097

Official Australia Post postcode for Kangaroo Ground. A postcode may cover multiple suburbs.

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Population
1,208

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$383/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$151,268/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
27 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$3,337/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
94% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

Kangaroo Ground's middle-ring location balances affordability with accessibility. These suburbs often benefit from established infrastructure, good schools, and transport links โ€” making them attractive to families and long-term tenants. The median rent of $383/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $3,337/month. A median household income of $151,268/year supports premium property values and indicates a well-employed resident base. 94% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

Kangaroo Ground's established location and strong demographics make it well-suited to a long-term buy-and-hold strategy.

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Rental Yield

Rental yields in Kangaroo Ground are moderate โ€” screen for properties that offer above-average returns.

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Renovation / Flip

Limited buyer depth in Kangaroo Ground makes flip strategies higher-risk โ€” consider rental conversion instead.

Risk Factors

Run the numbers on a Kangaroo Ground property

Full Property Analysis

30-year projections for Kangaroo Ground

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

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2026 Outlook

Growth: Strong Rental Demand: Moderate Investor Sentiment: Moderate

Kangaroo Ground enters 2026 with positive growth momentum, supported by strong local demographics and sustained demand. Tenants in Kangaroo Ground have options โ€” presenting well-maintained properties is key to minimising vacancy. Kangaroo Ground offers measured appeal for investors willing to look beyond headline metrics.

Frequently Asked Questions

Is Kangaroo Ground a good suburb for investment?

Kangaroo Ground is a middle ring area in Victoria with a population of 1,208. The median rent is $383/week and the median household income is $151,268/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Kangaroo Ground?

Key demand drivers in Kangaroo Ground include established amenities and transport access. 94% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Kangaroo Ground?

According to the ABS 2021 Census, Kangaroo Ground has a population of approximately 1,208. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Kangaroo Ground from the Melbourne CBD?

Kangaroo Ground is approximately 27 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). This is within comfortable commuting range with good transport links.

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