Koo Wee Rup, VIC 3981
Koo Wee Rup property market
House sales lead the way in Koo Wee Rup, with 71 sales at around $746.5k (up) as of July 2026, taking about 35 days to sell (up a lot from 20 days last year), with around half being 3-bedroom.
House rentals make up a much smaller share, with 33 leases at $635 a week (up), renting out in about 22 days (down from 30 days last year), with 4-bedroom the most common at around 55%. Then come 11 unit sales at around $517.5k and 6 unit rentals at $415 a week.
Who lives hereA middle-income, mortgage-belt, family-oriented suburb, with a strong trades and blue-collar workforce.
House covers houses, duplexes, semi-detached and terraces; Unit covers apartments, units, townhouses and villas.
Koo Wee Rup demographics & population
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing and Socio-Economic Indexes for Areas (SEIFA) 2021 · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
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InsideWho lives here · What homes cost to buy & rent · How fast homes are selling · How much is for sale or rent · How it compares to nearby suburbs · Schools nearby
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Who lives in Koo Wee Rup?
The age structure, household make-up, and cultural fabric of the people who call this suburb home.
Share of all residents by 5-year band · hover a band for the count + split
A strongly multicultural community with deep migrant heritage.
2020–21 understated — COVID border closures.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Housing & affordability in Koo Wee Rup
What it costs to live here, who owns versus rents, and the shape of the housing stock.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Income & employment in Koo Wee Rup
Incomes, employment, and the occupation mix of the people who live here.
A typical household pulls in about 2.3× the typical individual — a multi-earner area.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Getting around Koo Wee Rup
How people get to work, and how car-dependent the suburb is — the clearest tell of inner-urban versus outer-suburban living.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Education · ACARA My School 2025
Schools in and around Koo Wee Rup
3 schools inside Koo Wee Rup, plus the closest options around it. Families can choose from 2 primary schools in Koo Wee Rup and its surrounds, and 1 high school covering the secondary years. Distances are straight-line from the suburb centre and are not enrolment catchments — always confirm zones with the school.
ICSEA is ACARA’s official measure of a school’s socio-educational advantage — based mainly on parents’ education and occupation, plus the school’s location and student mix.
- Within Koo Wee Rup · 3Order by
- 1Koo Wee Rup Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Within suburbState Rank—English—Maths—Students348Multilingual50%ICSEA Rank50th
- 2Koo Wee Rup Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Within suburbState Rank—English—Maths—Students348Multilingual50%ICSEA Rank50th
- 3St John the Baptist's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Within suburbState Rank—English—Maths—Students348Multilingual50%ICSEA Rank50th
Why are some State Rank and star ratings blank? Schools can choose not to publish their results. In practice, schools that score well above their state average almost always publish theirs — so a blank rating more often reflects a school opting out than a top result being hidden. Academic results also tend to rise with ICSEA Rank, so higher-ICSEA schools more often carry a strong State Rank as well.
School profile and ICSEA data sourced from ACARA — © Australian Curriculum, Assessment and Reporting Authority (data year 2025) · State Rank & star columns are Micromarkets-compiled academic ratings from publicly available school results · Distances are straight-line from the suburb centre, not catchments.
Turnover
How settled or transient the community is — and where newcomers came from.
Koo Wee Rup median house price & rent
Headline price, rent, yield and time on market for Koo Wee Rup — choose a property type and size below.
House & unit prices by bedroom
Every segment this suburb tracks — sales and rentals side by side, ranked by total activity over the last twelve months.
Koo Wee Rup property growth
Where each segment sits against its peers in the chosen geography — past the midline means it's outperforming the rest.
Market demandHow fast this market is moving — a velocity index built from trailing-year transaction volume and median days on market. Strong volume lifts the score; days on market drags it down, with the drag growing sharply once listings start lingering. Ranked against peers in the chosen geography.
Houses
Units
Buying vs renting in Koo Wee Rup
What it costs each week to own a property versus renting the same one — positive means buying carries the premium, negative means rent covers the mortgage.
How strong is demand, and which way is it heading?
Two questions on one chart — how strong demand is right now, and which way it's heading year-on-year.
Sales market velocity
Koo Wee Rup against the neighbourhood
Eight diagnostic views cutting the data a different way each time — Koo Wee Rup in blue, peers in colour.
How fast — and is it getting faster?
Housing supply & months of stock
How long current listings would take to clear at the recent rate of sales or leases. Critical shortage and Oversupply only fire at the genuine tails of the national distribution — sales tip in under 0.7 months, rentals far faster, under 0.3.
Sales market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | SoldSold (last year)Total sold transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are sold each month in this segment, over the last 12 months. |
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Rental market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | LeasedLeased (last year)Total leased transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are leased each month in this segment, over the last 12 months. |
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Who's transacting — buyers or tenants?
Out of every property transaction in this suburb, what share are sales versus leases — each point a rolling twelve-month window.
Koo Wee Rup — Units & Houses, all bedrooms
Koo Wee Rup median house price & rent history
Each tape traces one metric across sixty months for the selected segment — every point a trailing twelve-month figure, matching the headline KPIs above.
Five-year summaryAs of Jun 2026, the median house sale price in Koo Wee Rup rose from $486k (Jul 2021) to $665k (Jun 2026) — +36.7% growth over five years. Median house rent went from $300/wk to $545/wk (+81.7%) over the same period. For units, the median sale price rose from $230k to $418k (+82.1%), with rent up from $208/wk to $261/wk (+25.5%) over the same period.
Suburbs near Koo Wee Rup: prices compared
The nearest suburbs to Koo Wee Rup, ranked by distance — each lined up against Koo Wee Rup on the same measures, so the differences jump out at a glance.
Suburbs like Koo Wee Rup
Suburbs anywhere in VIC that behave like Koo Wee Rup — matched on price, growth, selling speed and demand, not on distance. A shortlist of markets that move the same way — including ones far away you'd never think to compare. (Want the suburbs right next door instead? See Nearby markets above.)
Koo Wee Rup vs Lang Lang: the closest sales-market match trades at a median of $408k against Koo Wee Rup's $504k — about 19% lower, with homes selling in 15 days versus 25 days here.
Comparable sales markets to Koo Wee Rup: Lang Lang market trends, Eumemmerring house prices, Braybrook average house price, Baxter property growth and Crib Point market trends.
Koo Wee Rup's closest rental-market twins: Crib Point (VIC 3919), Baxter property growth, Lang Lang (VIC 3984), Eumemmerring average house price and Braybrook property prices. Each link opens that suburb's full market report.
Frequently asked · Koo Wee Rup
26 data-driven answers about Koo Wee Rup's property market — every one computed from the metrics above.
What things cost
Prices, rent, yield, ownership costWhat is the median house price in Koo Wee Rup?
#The median house price in Koo Wee Rup, VIC 3981 is $504k as of June 2026, based on 15 sales over the past 12 months. Houses there have moved +50.0% year-on-year. Prices vary by bedroom count, from compact two-bedroom homes to larger four-bedroom houses. See the bedroom-level breakdown below for 2-, 3- and 4-bedroom medians.
What is the median unit price in Koo Wee Rup?
#The median unit price in Koo Wee Rup, VIC 3981 is $504k as of June 2026, based on 15 sales over the past 12 months. Units have moved +0.5% year-on-year and currently trade at roughly 100% of the median house price.
How much does it cost to rent in Koo Wee Rup?
#The median weekly house rent in Koo Wee Rup is $348 as of June 2026, drawn from 5 leases over the past 12 months. Units rent for around $348 per week. House rents have moved +50.0% year-on-year. Current vacancy pressure is shown in the supply section above.
How much is rent for a 3 bedroom house in Koo Wee Rup?
#A 3 bedroom house in Koo Wee Rup rents for a median $348 per week as of June 2026, drawn from 5 leases over the past 12 months. Across other house sizes: 2-bedroom $348/week, 4-bedroom $348/week. Unit rents: 2-bedroom $348/week, 3-bedroom $348/week. Figures cover only segments with enough recent leases to be statistically meaningful; sparse segments are excluded. The segment breakdown covers rent, yield and days on market for every property type and bedroom count.
What is the gross rental yield in Koo Wee Rup?
#Gross rental yield in Koo Wee Rup is 3.39% for houses and 3.39% for units as of June 2026, compared with the VIC unit median of 3.21%. Gross yield is annual rent divided by purchase price — it doesn't account for ownership costs like council rates, strata, maintenance or vacancy.
How much is a 3 bedroom house in Koo Wee Rup?
#As of June 2026, Koo Wee Rup medians by bedroom count:
| Property | 1 bed | 2 bed | 3 bed | 4 bed | Total |
|---|---|---|---|---|---|
| Houses | — | $504k | $504k | $504k | $504k |
| Units | — | $504k | $504k | — | $504k |
Figures cover only segments with enough recent transactions to be statistically meaningful; sparse segments are excluded.
What does it cost to own versus rent at the Koo Wee Rup median?
#At the median Koo Wee Rup house ($504k purchase, $348/week rent), weekly mortgage repayments sit at roughly $591 — about $243 more per week than renting. That gap is the ownership premium. Figures assume 80% LVR, a 6.0% interest rate and a 30-year principal-and-interest loan.
How the market is moving
Speed, supply, growth, cycle phaseWhat are Koo Wee Rup's property market trends?
#Koo Wee Rup's property market trends to June 2026: house prices rose +50.0% year-on-year and units +0.5%; weekly house rents moved +50.0%; homes now sell in a median 25 days — slower than a year ago by 2; sales supply sits at 1.6 months (severe). Read together — price, rent, selling speed and supply — they show which way the Koo Wee Rup market is leaning. The 5-year tape and demand cycle charts above plot the full trajectory.
What does the data say about Koo Wee Rup as an investment?
#As of June 2026 in Koo Wee Rup, house prices rose +50.0% over the year, gross rental yield is 3.39% against a VIC median of 2.40%, houses take a median 25 days to sell, sales supply is 1.6 months (severe). Capital growth, rental yield, selling speed and supply are the signals investors weigh — but these figures describe the market, not a recommendation. This is data, not financial advice; always do your own research and consider a licensed adviser.
How quickly do houses sell in Koo Wee Rup?
#Houses in Koo Wee Rup sell in a median 25 days on market as of June 2026, with units clearing slightly similarly at 25 days. Days on market have lengthened by 2 days versus a year ago. Faster clearance typically coincides with stronger buyer demand and lower supply.
Is Koo Wee Rup a tight or loose property market right now?
#Koo Wee Rup's sales market sits at 1.6 months of supply for houses as of June 2026 — classified as Severe (extreme shortage) against the Australian distribution. Under 1.7 months is Severe (extreme shortage); over 4.5 months is Loose. The rental side is looser at 2.6 months of supply.
Have property prices in Koo Wee Rup gone up or down?
#House prices in Koo Wee Rup moved +50.0% over the 12 months to June 2026, while units moved +0.5%. The 5-year tape above plots the full monthly trajectory — showing where the market changed character rather than just crossing round numbers.
How active is the rental market in Koo Wee Rup?
#Koo Wee Rup's house rental market sits at 2.6 months of supply as of June 2026 — classified as Saturated (extreme oversupply), with 7 houses leased over the past 12 months. Units sit at 2.2 months. Tighter supply typically corresponds to faster letting and upward pressure on rents.
Where is Koo Wee Rup in its property market cycle?
#Koo Wee Rup's house market is currently in the 'softer_weakening' phase as of June 2026 — combining above-median sales velocity nationally with year-on-year loosening in days on market. The demand cycle chart above plots all eight segments on the same demand-versus-direction axes.
How it compares
Vs state, vs nearby, vs popularHow does Koo Wee Rup compare to other VIC suburbs?
#Koo Wee Rup's median house price ($504k) is 2% above the VIC median ($494k) as of June 2026. On selling speed, houses clear in 25 days vs 25 days state median. On gross yield, Koo Wee Rup sits at 3.39% vs 2.40% state median.
How does Koo Wee Rup compare to neighbouring suburbs?
#Koo Wee Rup's most-similar nearby market is Lang Lang (12.4 km away) with a median house price of $408k — about 19% cheaper. The Nearby and Similar markets sections above rank every peer within radius and by composite similarity across price, days on market, yield, ownership cost and cycle phase.
What's the most popular property type in Koo Wee Rup?
#The most-transacted segment in Koo Wee Rup over the 12 months to June 2026 is 2 bed houses with 13 sales. 3 bed houses come second at 13 sales. The buying-versus-renting section above breaks down the top segments with weekly mortgage, rent and ownership-cost detail.
How many properties were sold and leased in Koo Wee Rup last year?
#Koo Wee Rup recorded 13 house sales and 13 unit sales over the 12 months to June 2026 — a combined 26 transactions. On the rental side, 7 houses and 7 units were leased. Segments with statistically thin samples are excluded from displayed figures.
About the area
Population, income, who lives here, schoolsWhat postcode is Koo Wee Rup in?
#Koo Wee Rup is in postcode 3981, in the South East Melbourne region of VIC. Addresses there are written as Koo Wee Rup, VIC 3981.
What is the population of Koo Wee Rup?
#Koo Wee Rup, VIC 3981 is home to 2,642 residents (ABS Census 2021). The median resident age is 25, and the average household holds 2.0 people. The "Who lives here" section above breaks the community down by age, life stage and tenure.
What is the median household income in Koo Wee Rup?
#The median household in Koo Wee Rup earns $1k per week — roughly $71k a year (ABS Census 2021). Median personal income runs $583/week. Income, rent-to-income and mortgage-to-income context sits in the "Who lives here" section above.
What is the unemployment rate in Koo Wee Rup?
#The unemployment rate in Koo Wee Rup is 50.0% (ABS Census 2021). That sits right around the median for Australian suburbs. The rate counts people who are working or actively looking for work — not a share of all residents. Workforce participation sits at 50%. The local economy section above covers incomes, employment status and the occupation mix.
Do people own or rent in Koo Wee Rup?
#Koo Wee Rup is mostly owner-occupied: about 100% of households are owner-occupiers and 50% rent (ABS Census 2021). Of owners, 50% own outright and 50% are paying off a mortgage.
What schools are near Koo Wee Rup?
#Koo Wee Rup has 59 schools within reach, 3 of them inside the suburb itself — including Koo Wee Rup Primary School, Koo Wee Rup Secondary College, St John the Baptist's School. The Schools section above maps each one with sector, year range, enrolment, Micromarkets-compiled academic ratings and ICSEA (ACARA).
Is Koo Wee Rup a good place to live?
#Koo Wee Rup, VIC 3981 has a population of 2,642, a median age of 25, a median household income around $1k/week, 50% of households renting (ABS Census 2021). There are 59 schools within reach. Whether it's the right fit depends on your priorities — these figures describe the community, housing mix and amenity rather than offer a verdict.
About this data
Methodology and update cadenceWhen was this Koo Wee Rup market data last updated?
#This Koo Wee Rup market data was last updated July 2026, covering the 12 months to June 2026. Figures are computed monthly from 12-month rolling windows of recorded sales and leases, with five years of monthly history behind the trend charts. Methodology, glossary and data sources are linked in the footer.