Kilsyth South

Kilsyth South has a population of 2,862 people with the majority falling in the age group of 5 to 19 years and 45 to 64 years. The suburb offers a good mix of residents across various age groups and occupations, with a notable number of professionals, technicians, and tradeworkers. Commuting mainly involves motor vehicles and working from home is popular among residents. The median weekly household income is relatively high, indicating a financially stable community. For houses, Kilsyth South presents an opportunity for renovators given its high saleprice IQR ratio, indicating potential for property improvements and value appreciation. The suburb has shown a significant negative growth in the median house price over the past year, potentially offering more affordable buying opportunities. For units, the market has seen positive growth in the median sale price over recent years, presenting possible investment potential for unit buyers. Kilsyth South is a suburb with a stable population and a diverse demographic profile. The residents enjoy a high median household income and prefer motor vehicles for commuting. Investors interested in houses may find opportunities for renovations and value growth, while unit investors can leverage the positive growth trend in the median unit prices as observed over the years. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022