QLD has seen average median house prices change by 2.06% which means that Kallangur, 4503 has done well for property investors by showing a capital gain of 1.07% over the last year
When looking at the potential capital gains offered to property investors over the last 3 years, Kallangur comes in at number 441th in QLD.
Kallangur, 4503 is offering QLD ‘s 794th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this QLD.
On average over the past year, suburb has had 36.08 sales per month, which equates to 433 per year.
With the median price for a house in Kallangur being $367500 and the advertised rent reaching $370 the gross rental yield for property investors calculates out to be 5.24%
If you compare the increase in value of investment property in Kallangur, 4503 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -0.33%.
While Kallangur,4503 ranked number 216th in QLD for increase in median house value (annualised) increase, it is ranked 259th over the last 5 years.
Property buyers and investors in Kallangur 4503 should be seeing an average reduction in asking price of around -4.58% . This means that Kallangur is holding prices well when compared to other suburbs in QLD.
A $325 per week rent on the median house gives suburb investors a gross yield of circa 5.56%, without taking into account capital value appreciation, which has been averaging out at 1.98%.