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Suburb Insights · VIC 3981

Koo Wee Rup North, VIC 3981 Property Profile

ABS 2021 Census · Updated 21 May 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 per year.

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

Melbourne
Koo Wee Rup North
Victoria · 3981
62 km from Melbourne CBD
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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 the most recent census.

Median weekly rent
$42/wk

Weekly median rent for occupied homes. Live rental data integration coming soon.

Median household income
$73,632/yr

Annual median household income (before tax) across all households.

Distance to CBD
62 km

Straight-line distance from the suburb centroid 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.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb.

Median monthly mortgage
$1,979/mo

Monthly median mortgage repayment for households currently paying off a mortgage.

Home type
79% houses

Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.

Investment Insight

Koo Wee Rup North is a smaller community of 47 — about 1% of the Victoria suburb median (7,416) — so investors should factor in the narrower buyer pool and longer average time-on-market. Koo Wee Rup North's median household income of $73,632/year is 23% below the Victoria suburb median ($95,160) — this is an affordability play where returns lean on yield and patient capital growth rather than demographic premium. Weekly rent of $42 covers just 9% of the median $1,979/month mortgage repayment, leaving a $1,797/month gap — investors should only pursue this suburb with a clear capital-growth thesis and sufficient external income to fund the shortfall. Koo Wee Rup North is 62 km from Melbourne, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand.

Koo Wee Rup North vs Victoria Median

How Koo Wee Rup North stacks up against the median of all Victoria suburbs in our dataset. Positive values mean Koo Wee Rup North sits above the state median; negative means below.

MetricKoo Wee Rup NorthVIC medianΔ vs state
Population477,416-99%
Median household income$73,632/yr$95,160/yr-23%
Median rent (weekly)$42$380-89%
Median mortgage (monthly)$1,979$1,950+1%
Distance to CBD62 km32 km+94%
Separate houses79%78%+1pp

Investor Checklist

Pre-inspection briefing for Koo Wee Rup North — every item is derived from public datasets, with full citations in our data sources page.

Investment Strategy

Buy & Hold

Limited buy-and-hold upside: a small population of 47 means liquidity is thin and capital growth tends to lag the wider Victoria market over full cycles.

Rental Yield

Weak cash flow: $42/week rent covers only 9% of the $1,979/month median mortgage — a $1,797/month gap that must be funded from other income. This suburb is a capital-growth play, not a yield play.

⚠️
Renovation / Flip

With 79% houses in a 47-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.

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

Capital-growth expectations for Koo Wee Rup North are modest for 2026 — incomes 23% below the VIC median of $95,160 and a population of 47 suggest gains will lag headline metro markets. Rental coverage runs at ~9% of the typical mortgage ($182/month rent vs $1,979/month repayment), meaning investors will rely on capital growth rather than yield. The EquitySight investment score of 34/100 places Koo Wee Rup North in the lower tier of Australian suburbs we profile, and overall investor sentiment is cautious heading into the second half of 2026.

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Frequently Asked Questions

Is Koo Wee Rup North a good suburb for investment?

Koo Wee Rup North scores 34/100 on our EquitySight investment framework — a weak rating. That score is driven by a population of 47, median household income of $73,632/year and median weekly rent of $42. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.

What drives property demand in Koo Wee Rup North?

The main demand drivers in Koo Wee Rup North are a median household income of $73,632/year, a dwelling mix that is 79% separate houses, roughly 1 schools and 1 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.

What is the population of Koo Wee Rup North?

Koo Wee Rup North has a usual resident population of approximately 47, compared with a Victoria suburb median of 7,416 — placing it in the lower half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.

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

Koo Wee Rup North sits 62 km straight-line from the Melbourne CBD. This is a regional market where CBD distance is only indicative — local industry diversity and commute alternatives matter more.

What is the median rent in Koo Wee Rup North?

The most recent census recorded a median weekly rent of $42 in Koo Wee Rup North, equating to approximately $2,184/year in gross rental income (state median $380/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.

What is the typical mortgage repayment in Koo Wee Rup North?

The median monthly mortgage repayment in Koo Wee Rup North is $1,979, or approximately $23,748/year (vs $1,950/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.

Is Koo Wee Rup North cash-flow positive for investors?

A median weekly rent of $42 works out to $182/month, covering 9% of the median mortgage repayment of $1,979/month. That leaves a $1,797/month shortfall (around $21,564/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.

What are the main risks of investing in Koo Wee Rup North?

The main risks are a thin buyer pool (47 residents), interest-rate sensitivity on the $1,979 median mortgage, below-median household incomes ($73,632 vs $95,160 state median), the broader Victoria market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.

How we built this Koo Wee Rup North profile

Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.

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