Get a property report and suburb profile for any property in Kew

Kew is an established, leafy inner-eastern suburb with wide tree-lined streets and a mix of grand period homes and contemporary apartments. Life centres on the High Street shopping strip and Kew Junction, where cafes, boutiques and local services create a village feel. Large parklands and the Yarra River provide riverside walking and rowing, and tram routes link Kew with neighbouring suburbs and the city.

The community of 24,499 people has a median age of 41 and a typical household income of $2,497 a week. Household life is strongly family-focused and most homes are owner-occupied (70.6%). Major local work includes a redevelopment of the Kew Recreation Centre on High Street planned to add pools, courts, allied health suites and a crèche, while local schools have added or are adding new performing arts and Years 7–8 facilities. Whether Kew suits you depends on what you are looking for in a suburb.

Housing costs in Kew sit well above what a typical local household earned at the last Census. A median house price of $2,200,000 works out to about 16.9 times a typical local annual household income at the last Census, while the median unit price of $717,000 is about 5.5 times a typical local annual household income at the last Census. On the rental side, a house rent of $1,100 a week would take roughly 44.1% of a typical local household's weekly income at the last Census, a large share, and unit rent of $610 a week would take about 24.4%, a moderate share. If you're renting rather than buying, the rent shares are the most relevant figures; if you're buying, the price multiples show how purchasing sits against local incomes.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

The past 12 months show a split picture in Kew. House values fell a modest 4.3% while house rents climbed a strong 11.1%. Unit values edged up slightly, 1.3%, and unit rents rose a solid 6.1%.

If you prioritise capital growth, the year's numbers point to a decline for houses and only a slight increase for units. If rental income is your focus, both house and unit rents rose over the year, with house rents rising faster. Whether that balance suits you depends on your own goals and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.