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Suburb Insights ยท VIC 3764

Kilmore 3764, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Kilmore is a regional centre in Victoria, Australia, with a population of approximately 9,207, making it a smaller community. Located approximately 57 km from the Melbourne CBD, Kilmore is a regional area in Victoria. The median household income is $80,548 AUD per year (ABS 2021 Census).

Investment Score

46 / 100 Moderate

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

Location

Map shows Kilmore, Victoria, Australia.

Key Indicators

Postcode
3764

Official Australia Post postcode for Kilmore. A postcode may cover multiple suburbs.

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Population
9,207

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

ABS Census Data โ†’
Median Rent (weekly)
$340/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
$80,548/yr

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

ABS Census Data โ†’
Distance to CBD
57 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
2

Estimated 2 schools within or near this suburb based on ABS 2021 data.

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Parks & green spaces
4

Estimated 4 parks and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,647/mo

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

ABS Census Data โ†’
Dwelling Type
81% 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, Kilmore 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 $340/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,647/month. The median household income of $80,548/year reflects a solid demographic, supporting sustainable rental demand. 81% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

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

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Rental Yield

Expect competitive but not exceptional rental returns in Kilmore's current market.

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Renovation / Flip

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

Risk Factors

Run the numbers on a Kilmore property

Full Property Analysis

30-year projections for Kilmore

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2026 Outlook

Growth: Low Rental Demand: Moderate Investor Sentiment: Low

Price movement in Kilmore is expected to be flat to modest in 2026, reflecting broader regional market conditions. Tenants in Kilmore have options โ€” presenting well-maintained properties is key to minimising vacancy. Sentiment is subdued, though improving local conditions could shift perceptions over time.

Frequently Asked Questions

Is Kilmore a good suburb for investment?

Kilmore is a regional area in Victoria with a population of 9,207. The median rent is $340/week and the median household income is $80,548/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 Kilmore?

Key demand drivers in Kilmore include regional employment hubs, lifestyle, and affordability. 81% of dwellings are separate houses. The area has approximately 2 schools and 4 parks nearby.

What is the population of Kilmore?

According to the ABS 2021 Census, Kilmore has a population of approximately 9,207. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Kilmore from the Melbourne CBD?

Kilmore is approximately 57 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). Road travel times will vary; check current mapping services for up-to-date routes.

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