Question 1

Is Kooyong a nice place to live?

Accepted Answer

Kooyong is a compact, leafy inner-southeast suburb centred on the historic Kooyong Lawn Tennis Club. Streets mix period cottages and larger brick homes with some contemporary townhouses and low-rise apartments near the main roads, and small parks, sporting clubs and established gardens give it a mature, garden-suburb feel. The suburb is served by Kooyong station on the Glen Waverley line and has easy road links into the city, while neighbouring Hawthorn and Toorak provide café and shopping strips close by.

It is a small community of 842 people with a median age of 44, and families make up the bulk of households (82.6% of families are couple families). Most homes are owner-occupied (75.6%), and household incomes are relatively high. State planning around the Glenferrie Road level-crossing includes upgrades to the station, more accessible tram stops and new pedestrian and cycling links, so whether Kooyong suits you will come down to how much you value a calm, well-located residential suburb with those features.

Question 2

Is it expensive to live in Kooyong?

Accepted Answer

On the current rents and the median household income recorded at the most recent Census, renting a house in Kooyong would cost about $1,250 a week, which is roughly 38.8% of a typical local household's weekly income at the last Census — a sizeable share of income. Renting a unit at about $850 a week would take roughly 26.4% of that income, a moderate share, so units look less stretched against local incomes than houses do.

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

Question 3

Is Kooyong a good place to invest?

Accepted Answer

If rental income is your priority, the figure that matters for Kooyong is unit rents — they jumped 23.2% over the past 12 months, a strong rise. Whether that movement fits your investment goals depends on your own 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.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	N/A	N/A
Sold Past 3 months	3	3
Median days on market Past 12 months	N/A	N/A
Average rent Past 12 months	$1250	$850
Change in rent Past 12 months	N/A	23.2%

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