Free full calculator โ†’
Suburb Insights ยท VIC 3239

Kennedys Creek 3239, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Kennedys Creek is a regional centre in Victoria, Australia, with a population of approximately 44, making it a boutique locality. Located approximately 173 km from the Melbourne CBD, Kennedys Creek is a regional area in Victoria. The median household income is $88,816 AUD per year (ABS 2021 Census).

Investment Score

39 / 100 Weak

Moderate income levels in Kennedys Creek indicate steady rental demand from working households. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.

Location

Map shows Kennedys Creek, Victoria, Australia.

Key Indicators

Postcode
3239

Official Australia Post postcode for Kennedys Creek. A postcode may cover multiple suburbs.

Australia Post Postcode Finder โ†’
Population
44

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

ABS Census Data โ†’
Median Rent (weekly)
$120/wk

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

State Rental Authority โ†’
Median Household Income
$88,816/yr

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

ABS Census Data โ†’
Distance to CBD
173 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.

Find schools near Kennedys Creek on My School โ†’
Parks & green spaces
1

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

Median Mortgage (monthly)
$2,100/mo

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

ABS Census Data โ†’
Dwelling Type
56% 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

As a regional centre, Kennedys Creek serves a wide catchment area. Regional property can offer higher rental yields than metro equivalents, though investors should assess local employment diversity and infrastructure plans. The median rent of $120/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $2,100/month. The median household income of $88,816/year reflects a solid demographic, supporting sustainable rental demand.

Investment Strategy

โš ๏ธ
Buy & Hold

A buy-and-hold approach in Kennedys Creek could work well with careful property selection and a longer time horizon.

โŒ
Rental Yield

Kennedys Creek's rental market is softer โ€” budget for potential vacancy periods.

โŒ
Renovation / Flip

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

Risk Factors

Run the numbers on a Kennedys Creek property

Full Property Analysis

30-year projections for Kennedys Creek

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

Create free account โ†’
Or jump straight to a calculator: Loan Serviceability First Home Buyer Grants

2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Price movement in Kennedys Creek is expected to be flat to modest in 2026, reflecting broader regional market conditions. Landlords in Kennedys Creek may face longer tenant search times; competitive pricing will be important. Sentiment is subdued, though improving local conditions could shift perceptions over time.

Frequently Asked Questions

Is Kennedys Creek a good suburb for investment?

Kennedys Creek is a regional area in Victoria with a population of 44. The median rent is $120/week and the median household income is $88,816/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 Kennedys Creek?

Key demand drivers in Kennedys Creek include regional employment hubs, lifestyle, and affordability. 56% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Kennedys Creek?

According to the ABS 2021 Census, Kennedys Creek has a population of approximately 44. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Kennedys Creek from the Melbourne CBD?

Kennedys Creek is approximately 173 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). As a regional or remote location, travel to the capital is significant โ€” local amenities and employment are important investment considerations.

Explore Nearby Suburbs

Victoria Property Resources