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Suburb Insights ยท VIC 3981

Koo Wee Rup 3981, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Koo Wee Rup is a regional centre in Victoria, Australia, with a population of approximately 4,047, making it a boutique locality. Located approximately 62 km from the Melbourne CBD, Koo Wee Rup is a regional area in Victoria. The median household income is $92,664 AUD per year (ABS 2021 Census).

Investment Score

51 / 100 Moderate

Strong household incomes in Koo Wee Rup underpin solid property demand. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.

Location

Map shows Koo Wee Rup, Victoria, Australia.

Key Indicators

Postcode
3981

Official Australia Post postcode for Koo Wee Rup. A postcode may cover multiple suburbs.

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Population
4,047

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

ABS Census Data โ†’
Median Rent (weekly)
$320/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
$92,664/yr

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

ABS Census Data โ†’
Distance to CBD
62 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
2

Estimated 2 parks and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,811/mo

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

ABS Census Data โ†’
Dwelling Type
85% 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, Koo Wee Rup 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 $320/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,811/month. The median household income of $92,664/year reflects a solid demographic, supporting sustainable rental demand. 85% 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 Koo Wee Rup 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 Koo Wee Rup's current market.

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Renovation / Flip

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

Risk Factors

Run the numbers on a Koo Wee Rup property

Full Property Analysis

30-year projections for Koo Wee Rup

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Moderate

Price movement in Koo Wee Rup is expected to be flat to modest in 2026, reflecting broader regional market conditions. Landlords in Koo Wee Rup may face longer tenant search times; competitive pricing will be important. The market mood around Koo Wee Rup is balanced โ€” neither bullish nor bearish heading into 2026.

Frequently Asked Questions

Is Koo Wee Rup a good suburb for investment?

Koo Wee Rup is a regional area in Victoria with a population of 4,047. The median rent is $320/week and the median household income is $92,664/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 Koo Wee Rup?

Key demand drivers in Koo Wee Rup include regional employment hubs, lifestyle, and affordability. 85% of dwellings are separate houses. The area has approximately 1 schools and 2 parks nearby.

What is the population of Koo Wee Rup?

According to the ABS 2021 Census, Koo Wee Rup has a population of approximately 4,047. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Koo Wee Rup from the Melbourne CBD?

Koo Wee Rup is approximately 62 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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