Koo Wee Rup

Koo Wee Rup, VIC 3981, is a growing suburb with a population of 4,047 residents. The area has experienced significant population growth over the past years. The suburb offers a mix of age groups with a good representation of different occupations. Residents have easy access to motor vehicle commuting, with a notable percentage working from home. The suburb has a median household income higher than the national average. For house investors, Koo Wee Rup presents opportunities with a sizable number of properties available. The suburb has shown a strong median growth rate, indicating a potential for capital appreciation. The high market absorption rate suggests a high demand for housing, possibly leading to increased property values. With a low vacancy rate and a good rental yield, houses in Koo Wee Rup could appeal to investors seeking rental income. For unit investors, the suburb offers a solid rental market, with a high percentage of units rented out. Koo Wee Rup provides a lifestyle of growth and opportunity for residents and investors alike. The suburb's diverse demographics, along with good infrastructure and high demand for housing, make it an attractive location for property investment. Homeowners looking to settle in Koo Wee Rup can enjoy the community's amenities and educational advantages for their children. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022