How Much is My Koo Wee Rup Home Worth?
Thinking of selling your property in Koo Wee Rup. We offer free appraisals on land, units and houses. As of February 5th, 2020, the median price for a house in Koo Wee Rup was $550,000. The average annual capital growth is 6.87%. Over the past 12 months, the capital growth has been 8.19%. This year has seen 43 houses sold. The Demand to Supply Ratio ranks Koo Wee Rup as good. Demand is ahead of supply and sellers are generally getting the price they ask for. Investors are interested in this region as the capital growth should trend ahead of the national average.
House prices and rent returns in Koo Wee Rup.
- 3 bedroom home $502,250 Rent per week $370
- 4 bedroom home $575,000 Rent per week $450
The gross rental yield for houses is 3.77%. It takes 57 days to sell a house in Koo Wee Rup.
How we Appraise your Home or Land in Koo Wee Rup
There are many variables in determining the value of a property. Location to shops, public transport, amenities, schools and recent sales history are all factored into an appraisal. Our appraisers will take you through all the processes on how we arrive at our price. If you wish to sell your property you have 3 choices. For sale at a fixed price, private sale or go to auction. Our network of agencies throughout Melbourne are alerted to the sale. We then search our large database of potential buyers and investors and contact them. This is the first step. Following this, we market the property via real estate portals, social media platforms, print media and our website.
Lifestyle in Koo Wee Rup
Koo Wee Rup is located 65 kilometres south-east of the central business district of Melbourne. Its neighbouring towns include Monomeith, Dalmore and Rythdale. The southern edge borders on Western Port Bay. During the national census in 2011, there were 3079 registered residents. Of these, 48% represent married couples and 12% are in a defacto relationship. The average age is between 40 – 59. There are 3 schools in Koo Wee Rup of which all are co-educational. There is a bus service that runs to Pakenham.
- Koo Wee Rup Primary School
- Koo Wee Rup Secondary School
- St John The Baptist School
Situated on Station Street you will find a Woolworths outlet and a number of other smaller shops including the Bendigo Bank. There is a medical practice, an optometrist and a vet clinic.
Recently Sold Homes in Koo Wee Rup
View our list of recently sold property in Koo Wee Rup. This includes houses and land.