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City of Boroondara

Kew

Kew Property Market
& Suburb Profile

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MEDIAN PRICES IN KEW

Median house price

(all agencies, last 12 months)$2.7m*

House price change

(all agencies, last 12 months)-0.83%

Median unit price

(all agencies, last 12 months)$910k*

Unit price change

(all agencies, last 12 months)+1.34%

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

KEW price TRACKER

HousesUnits

Kew sales overview

  • Sold by Auction 59%
  • Sold by Private Sale or Other Method 41%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)28

Average days on market (units)

(all agencies, 12 months)30

Auction clearance rate in Kew

(all agencies, last 12 months)58%

Average held period in Kew

(proptrack)15 years

Kew Investor Statistics

Median rental price for Houses

(all agencies, last 12 months)$1,162pw

House rental price change

(all agencies, last 12 months)0.03%

Median rental price for Units

(all agencies, last 12 months)$666pw

Unit rental price change

(all agencies, last 12 months)0.06%

Average rental yield for Houses

(all agencies, last 12 months)2.19%

Average rental yield for Units

(all agencies, last 12 months)3.79%

Kew total population size

(as at the last census)24,499

Median household size in Kew

(as at the last census)2.5

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

Kew property types

  • Houses 34%
  • Units 33%
  • Other 33%

OCCUPANCY in Kew

  • Owned 68%
  • Rented 29%
  • Other/Not Stated 3%
  • Singles 26%
  • Families 69%
  • Other 5%

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About Kew

Located approximately 5 km east of Melbourne’s CBD, Kew is part of the City of Boroondara. The suburb offers a blend of historic charm, leafy avenues, and upscale suburban living.

Kew is one of Melbourne's most prestigious and consistently high-demand inner-eastern suburbs, situated just 5 to 6 kilometres east of the CBD, offering an elite lifestyle defined by its grand historical homes, extensive parklands, and unparalleled educational amenity.

The suburb is renowned for its stately, tree-lined boulevards and magnificent housing stock, which includes beautifully preserved Victorian and Edwardian mansions, alongside high-end modern residences, commanding premium prices and attracting established, affluent families and professionals.

Lifestyle revolves around sophisticated commercial precincts such as Kew Junction and Cotham Road, which offer an array of upscale boutiques, acclaimed restaurants, and gourmet cafes, contributing to a vibrant and convenient local atmosphere.

Education is the cornerstone of Kew's appeal, hosting numerous elite private schools, including Xavier College, Trinity Grammar, and Methodist Ladies' College (MLC), which guarantees continuous, strong demand and significantly underpins property values.

Connectivity is exceptional for commuters, facilitated by multiple tram routes, notably the 109, 16, and 48 lines, which provide seamless access to the city and surrounding suburbs, alongside swift vehicular travel via the Eastern Freeway.

For investors and buyers, Kew represents a secure, blue-chip market where the scarcity of premium properties, combined with top-tier schooling, immediate proximity to the CBD, and enduring prestige, ensures robust long-term capital growth and competitive rental yields.

Education

Carey Baptist Grammar School
Genazzano FCJ College
Giant Steps Melbourne
Kew Primary School
Methodist Ladies' College
Preshil, The Margaret Lyttle Memorial School
Ruyton Girls' School
Sacred Heart School
Trinity Grammar School Kew
Xavier College
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Kew MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
2025577$1,793,250-0.83%671$914pw2.99%
2024568$1,803,750-1.83%742$874pw3.05%
2023539$1,815,750-2.65%705$852pw2.88%
2022518$1,907,5007.41%980$770pw2.54%
2021595$1,813,50019.55%946$694pw2.25%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
2025577$1,793,250-0.83%
2024568$1,803,750-1.83%
2023539$1,815,750-2.65%
2022518$1,907,500+7.41%
2021595$1,813,500+19.55%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
2025671$914pw2.99%
2024742$874pw3.05%
2023705$852pw2.88%
2022980$770pw2.54%
2021946$694pw2.25%

Browse more suburbs

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NEWS & INSIGHTS

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*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 31 October 2024 to 31 October 2025, last updated 31 October 2025.