Investment property in Kaleen has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 8.76%
Across a shorter period, Kaleen, 2617 has seen a median price increase of 2.67% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Kaleen is offering property investors an average of -5.15. This rate of discount on properties puts Suburb at number 51th in terms of most discounted suburbs in ACT
Property investors should expect to get $467.5 weekly from the median priced house in this suburb.
Kaleen, 2617 ranked 39th in ACT when comparing growth in median property values or capital gain over the last 12 months. Kaleen is one of 126 in our list for ACT
Kaleen,2617 was ranked 1128 in Australia by increase in median property value over the quarter.
With the median price for a house in Kaleen being $475000 and the advertised rent reaching $410 the gross rental yield for property investors calculates out to be 4.49%