01/09/2026
With its country charm, thriving café culture and beautiful natural surroundings, Kyneton offers the best of regional living while remaining just an hour from Melbourne.
Here’s the latest snapshot:
🏠 Median house price: $915,000; up 6.4% YoY
🌱 Median vacant land price: $418,000; up 5.1% YoY
📉 Sales volumes: House sales down 25.5% (35 sales), highlighting an undersupplied housing market supporting continued price growth
🏗️ New projects: ~$96.5M commencing from 2026 onwards, including just 7 new dwellings
🏡 Supply outlook: With limited new housing planned and no indication of new vacant land lots being created, undersupply is expected to persist, placing further upward pressure on prices
💸 Rental performance: Houses yielding 3.1%; median rent up 5.7% YoY to $645/week
📉 Rental volumes: House rentals down 5.9% (16 rentals), signalling a tight rental market
📈 Vacancy rate: Just 0.9%, well below the REIA's healthy benchmark of 3.0%, confirming strong rental demand and quick occupancy.
With limited housing supply, rising rents and ongoing buyer demand, Kyneton remains an attractive option for homeowners and investors alike, particularly for those seeking a lifestyle-focused alternative to Melbourne.
👉 Access to the full Kyneton Market Update: https://tinyurl.com/Kyneton-Market-Update
PRD Real Estate, Kyneton