Suburb Profile Report for Kaleen ACT (2617)

Kaleen House: Median price $665,000, Annual capital growth 4.92%, Number of sales 80, Weekly median advertised rent $488

Kaleen Unit: Median price $417,500, Annual capital growth 3.92%, Number of sales 14, Weekly median advertised rent $420

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Kaleen, 2617 ranked 43th 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

Over the longer term, Kaleen has seen property prices show investors a 23.15% return over the last 3 years. This is worse than over the last 12 months

Vendor discounting in Kaleen is giving property investors an average Vendor Discount of around -2.85%. This puts suburb at number 40th in ACT when ranking the most discounted suburbs.

Renters in Suburb are facing rents around $5850 per annum or $487.5 every week.

If you compare the increase in value of investment property in Kaleen, 2617 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this ACT suburb was -14.80%.

Across a shorter period, Kaleen, 2617 has seen a median price increase of 1.83% over the last quarter.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Kaleen, 2617. Typically our figures indicate that -5.78% is being offered, which puts this ACT suburb at 517th most discounted overall in Australia.

Renters in Suburb are facing rents around $5040 per annum or $420 every week.

Metrics i HOUSE UNIT
$665,000 $417,500
2.31% 1.83%
9.02% -14.80%
4.92% 3.92%
$488 $420
80 14
3.81% 5.23%
70.33 78.81

Source: CoreLogic

DSR Score for property investment : Very good (H), Good (U)
Find a mortgage broker in Kaleen ACT
Demographics
Total population 7313
Median household income ($/weekly) 1948
Median age of persons 37
Median housing loan repayment ($/monthly) 1950
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 861 11.8
    25-34 years 1019 13.9
    35-44 years 987 13.5
    45-54 years 1040 14.2
    55-64 years 1157 15.8
    Others 2249 30.8
    Age Group
    Census Count Percent(%)
    Registered Married 2896 51.0
    Not Married 2343 41.3
    Defacto Relationship 436 7.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 5195 73.0
    Croatia 251 3.5
    United Kingdom 276 3.9
    Viet Nam 116 1.6
    Other 409 5.7
    Others 871 12.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 188 2.8
    Christianity 4418 65.0
    Hinduism 73 1.1
    Islam 110 1.6
    No Religion 1953 28.7
    Others 59 0.9
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 325 14.2
    $2,000-$2,499 279 12.2
    $2,500-$2,999 272 11.9
    $3,000-$3,499 249 10.9
    $4,000 or more 203 8.9
    Others 956 41.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2594 43.8
    Not in the labour force 1678 28.3
    Employed, worked part-time 1201 20.3
    Employed, away from work 309 5.2
    Unemployed, looking for work 137 2.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 562 13.7
    Professionals 1106 27.0
    Technicians & trades workers 498 12.1
    Community & personal service workers 373 9.1
    Clerical & administrative workers 820 20.0
    Others 744 18.1
    Occupation
    Census Count Percent(%)
    Pre-school 100 5.0
    Infants/Primary 562 28.2
    Secondary 515 25.9
    Technical or Further Educational Institution 210 10.6
    University or other Tertiary Institutions 556 27.9
    Others 47 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6771 96.2
    Flat, unit or apartment 196 2.8
    Semi-detached, row or terrace house, townhouse 71 1.0
    Caravan, cabin, houseboat 3 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1041 41.2
    Being purchased 894 35.4
    Rented 585 23.1
    Other tenure type 7 0.3
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals