Kaleen has had a pretty good year for property investment returns compared to the rest of ACT, giving investors a capital gain of 10.00% to date .
Kaleen,2617 was ranked 1829 in Australia by increase in median property value over the quarter.
State is the 8th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -3.98% offered to property buyers. Sellers in Kaleen itself are offering an average vendor discount of -2.72% to real estate investors.
Kaleen, 2617’s gross rental yield is 3.85%
Investment property in Kaleen has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -13.02%
Comparing Kaleen,2617 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
The most recent median price for Kaleen is $417500, with sellers offering an average of -6.50% off the asking price.
Residents and property investors in Kaleen have been waiting around 75.63 days to sell a property.
The ACT suburb of Kaleen, 2617 is in the Unincorporated ACT local government area.