	{"id":80147,"date":"2021-12-18T04:50:10","date_gmt":"2021-12-17T17:50:10","guid":{"rendered":"https:\/\/timesnewsgroup.com.au\/bendigotimes\/?p=80147"},"modified":"2022-02-27T11:21:41","modified_gmt":"2022-02-27T00:21:41","slug":"suburb-by-suburb-snapshot-kangaroo-flat","status":"publish","type":"post","link":"https:\/\/timesnewsgroup.com.au\/bendigotimes\/real-estate\/suburb-by-suburb-snapshot-kangaroo-flat\/","title":{"rendered":"Suburb by suburb snapshot &#8211; Kangaroo Flat"},"content":{"rendered":"<p>KANGAROO Flat is approximately 18.4 square kilometres and has seventy parks covering nearly thirty-five per cent of the suburb\u2019s total area.<\/p>\n<p>The population of Kangaroo Flat in 2011 was 9492 people and by the 2016 had had jumped to 10,405, showing strong growth of 9.6 per cent in the area during that time.<\/p>\n<p>Kangaroo Flat is a large suburb south-west of the Bendigo city centre.<\/p>\n<p>The Bendigo Creek and some of its upstream tributary\u2019s flow through Kangaroo Flat, and it was along the Bendigo Creek about four kilometres downstream (Golden Point) that Bendigo\u2019s early gold mining was concentrated.<\/p>\n<p>There are reports of gold workings in Kangaroo Flat early in 1853, and it was the finding of the rich Crusoe gully west of Kangaroo Flat in mid-1853 that started a rush to the district.<\/p>\n<p>The Bendigo district\u2019s largest gold nugget (377 ounces) was found near Crusoe Gully in 1861.<\/p>\n<figure id=\"attachment_80156\" aria-describedby=\"caption-attachment-80156\" style=\"width: 300px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-80156\" src=\"https:\/\/timesnewsgroup.com.au\/bendigotimes\/wp-content\/uploads\/2021\/12\/20B-Chapel-Street-Kangaroo-Flat-1-300x174.jpg\" alt=\"\" width=\"300\" height=\"174\" srcset=\"https:\/\/static.timesnewsgroup.com.au\/prod\/uploads\/sites\/24\/2021\/12\/20B-Chapel-Street-Kangaroo-Flat-1-300x174.jpg 300w, https:\/\/static.timesnewsgroup.com.au\/prod\/uploads\/sites\/24\/2021\/12\/20B-Chapel-Street-Kangaroo-Flat-1.jpg 764w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><figcaption id=\"caption-attachment-80156\" class=\"wp-caption-text\">This three-bedroom Kangaroo Flat home built in 2012 sold recently for $540,000.<\/figcaption><\/figure>\n<p>The area was first named Yankee Boat Flat, but the pursuit and capture of a kangaroo by miners apparently caused a change of name.<\/p>\n<p>Most mining was alluvial or by puddling machines until several companies began exploiting quartz reefs in 1871.<\/p>\n<p>By the mid-1860s there were Anglican and Wesleyan schools, seven hotels, a railway station on the Melbourne to Bendigo line (1862), and about 25 puddling machines at work.<\/p>\n<p>In 1873 the Crusoe water reservoir was completed in Crusoe gully, an important step towards permanent water for Kangaroo Flat and Bendigo.<\/p>\n<p>There was sustained mining activity throughout the 1870s and 1880s, but the next two decades saw the population fall to about two-thirds of the peak census figure reached in 1881.<\/p>\n<p>Kangaroo Flat continued as a Bendigo outer suburb until the years following World War Two, when post war industries were attracted to it.<\/p>\n<p>A Dunlop belting factory opened in 1948 and Bradford Cotton Mill in 1950, the mill (later Rocklea Spinning Mill) employed 324 workers in 1964 and 230 in 1993.<\/p>\n<p>CoreLogic data indicates that the predominant age group in Kangaroo Flat is 20-29 years with households being primarily childless couples and are likely to be repaying $1000 &#8211; $1399 per month on mortgages.<\/p>\n<p>In general, people in Kangaroo Flat work in a labourer occupation.<\/p>\n<p>In 2011, 67.3 per cent of the homes in Kangaroo Flat were owner occupied compared with 67.4 per cent in 2016.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>TITBIT:<\/strong><\/p>\n<p>Kangaroo Flat has three sites on the Victorian Heritage Register: the railway station complex (1862), the former common school (1870) and the Coliban water supply system which feeds into the Crusoe reservoir.<\/p>\n<p>&nbsp;<\/p>\n<p>Population: 10,405<\/p>\n<p>Male: 47.2%<\/p>\n<p>Female: 52.8%<\/p>\n<p>Median age: 42<\/p>\n<p>5-year population change: 9.6%<\/p>\n<p>House median value: $473,000<\/p>\n<p>Change in Median Price: (5yrs) is 40.2%<\/p>\n<p>Median asking rent per week: $380<\/p>\n<p>Average length of ownership: 11 years<\/p>\n<p>Owner occupiers:69%<\/p>\n<p>Renters: 31%<\/p>\n<p>&nbsp;<\/p>\n<p>House median sale price:<\/p>\n<p>August 2021: $425,000<\/p>\n<p>August 2020: $363,000<\/p>\n<p>August 2019: $327,750<\/p>\n<p>August 2018: $318,250<\/p>\n<p>August 2017: $305,000<\/p>\n<p>&nbsp;<\/p>\n<p>House sales per annum:<\/p>\n<p>Period ending August 2021: 220<\/p>\n<p>Period ending August 2020: 187<\/p>\n<p>&nbsp;<\/p>\n<p>Land median sale price:<\/p>\n<p>August 2021: $190,000<\/p>\n<p>August 2020: $172,000<\/p>\n<p>&nbsp;<\/p>\n<p>Land sales per annum:<\/p>\n<p>Period ending August 2021: 25<\/p>\n<p>Period ending August 2020: 40<\/p>\n","protected":false},"excerpt":{"rendered":"<p>KANGAROO Flat is approximately 18.4 square kilometres and has seventy parks covering nearly thirty-five per cent of the suburb\u2019s total area. The population of Kangaroo Flat in 2011 was 9492 people and by the 2016 had had jumped to 10,405, showing strong growth of 9.6 per cent in the area during that time. Kangaroo Flat [&#8230;]<\/p>\n<p><a class=\"btn btn-secondary understrap-read-more-link\" href=\"https:\/\/timesnewsgroup.com.au\/bendigotimes\/real-estate\/suburb-by-suburb-snapshot-kangaroo-flat\/\">Read More&#8230;<\/a><\/p>\n","protected":false},"author":199,"featured_media":80157,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[29],"tags":[],"post_folder":[],"class_list":["post-80147","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Suburb by suburb snapshot - Kangaroo Flat - Bendigo Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/timesnewsgroup.com.au\/bendigotimes\/real-estate\/suburb-by-suburb-snapshot-kangaroo-flat\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Suburb by suburb snapshot - Kangaroo Flat - Bendigo Times\" \/>\n<meta property=\"og:description\" content=\"KANGAROO Flat is approximately 18.4 square kilometres and has seventy parks covering nearly thirty-five per cent of the suburb\u2019s total area. 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