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Suburb Insights ยท VIC 3981

Koo Wee Rup North 3981, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Koo Wee Rup North is a regional centre in Victoria, Australia, with a population of approximately 47, making it a boutique locality. Located approximately 62 km from the Melbourne CBD, Koo Wee Rup North is a regional area in Victoria. The median household income is $73,632 AUD per year (ABS 2021 Census).

Investment Score

34 / 100 Weak

Moderate income levels in Koo Wee Rup North indicate steady rental demand from working households. Distance from major centres is a consideration, though regional markets can offer higher rental yields.

Location

Map shows Koo Wee Rup North, Victoria, Australia.

Key Indicators

Postcode
3981

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

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Population
47

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

ABS Census Data โ†’
Median Rent (weekly)
$42/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
$73,632/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
1

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

Median Mortgage (monthly)
$1,979/mo

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

ABS Census Data โ†’
Dwelling Type
79% 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 North 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 $42/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,979/month. 79% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

Holding property in Koo Wee Rup North over the medium term may deliver steady, if unspectacular, returns.

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Rental Yield

Koo Wee Rup North's rental market is softer โ€” budget for potential vacancy periods.

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Renovation / Flip

The resale market in Koo Wee Rup North may not support quick-turnaround renovation projects.

Risk Factors

Run the numbers on a Koo Wee Rup North property

Full Property Analysis

30-year projections for Koo Wee Rup North

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Price movement in Koo Wee Rup North is expected to be flat to modest in 2026, reflecting broader regional market conditions. The rental pipeline in Koo Wee Rup North is thinner โ€” flexible lease terms could help secure tenants faster. Koo Wee Rup North is not a headline market, but contrarian investors may see long-term potential.

Frequently Asked Questions

Is Koo Wee Rup North a good suburb for investment?

Koo Wee Rup North is a regional area in Victoria with a population of 47. The median rent is $42/week and the median household income is $73,632/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 North?

Key demand drivers in Koo Wee Rup North include regional employment hubs, lifestyle, and affordability. 79% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Koo Wee Rup North?

According to the ABS 2021 Census, Koo Wee Rup North has a population of approximately 47. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Koo Wee Rup North from the Melbourne CBD?

Koo Wee Rup North 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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