Suburb Profile Report for Kealba VIC (3021)

Kealba House: Median price $503,500, Annual capital growth 7.97%, Number of sales 46, Weekly median advertised rent $350

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

Source: CoreLogic

  • House Report

Giving property investors a a solid capital gain of 19.88% for the last year, Kealba, 3021 is the 341th highest performer in Australia in this respect.

If we look at median property appreciation over just the last three months, Kealba has given property investors a paper return of 7.13%. This puts Suburb as 60 on a list of fastest fasting appreciating suburbs in VIC

LACK OF BUYER INTEREST may well be the reason that Kealba is offering property investors an average of -5.80. This rate of discount on properties puts Suburb at number 549th in terms of most discounted suburbs in VIC

Residents and property investors in Kealba have been waiting around 49.44 days to sell a property.

A $350 per week rent on the median house gives suburb investors a gross yield of circa 3.61%, without taking into account capital value appreciation, which has been averaging out at 7.97%.

Metrics i HOUSE UNIT
$503,500 N/A
7.13% N/A
19.88% N/A
7.97% N/A
$350 N/A
46 N/A
3.61% N/A
49.44 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Very good (H)
Find a mortgage broker in Kealba VIC
Demographics
Total population 3164
Median household income ($/weekly) 1290
Median age of persons 35
Median housing loan repayment ($/monthly) 1500
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 353 11.2
    25-34 years 495 15.6
    35-44 years 433 13.7
    45-54 years 435 13.7
    55-64 years 456 14.4
    Others 992 31.4
    Age Group
    Census Count Percent(%)
    Registered Married 1207 49.3
    Not Married 1062 43.4
    Defacto Relationship 179 7.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 1821 61.3
    Japan 78 2.6
    United Kingdom 68 2.3
    Viet Nam 222 7.5
    Other 207 7.0
    Others 574 19.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 223 7.7
    Christianity 2078 71.6
    Hinduism 25 0.9
    Islam 88 3.0
    No Religion 469 16.2
    Others 20 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 94 10.1
    $600-$799 90 9.7
    $1,000-$1,249 90 9.7
    $1,500-$1,999 149 16.1
    $2,000-$2,499 103 11.1
    Others 402 43.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 946 38.3
    Not in the labour force 835 33.8
    Employed, worked part-time 465 18.8
    Unemployed, looking for work 123 5.0
    Employed, away from work 102 4.1
    Person Characteristics
  • Census Count Percent(%)
    Professionals 258 17.0
    Technicians & trades workers 233 15.4
    Clerical & administrative workers 249 16.4
    Sales 172 11.4
    Labourers 169 11.2
    Others 434 28.6
    Occupation
    Census Count Percent(%)
    Pre-school 52 7.4
    Infants/Primary 198 28.2
    Secondary 232 33.0
    Technical or Further Educational Institution 61 8.7
    University or other Tertiary Institutions 122 17.4
    Others 38 5.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2915 96.6
    Semi-detached, row or terrace house, townhouse 57 1.9
    Flat, unit or apartment 40 1.3
    House or flat attached to a shop, office 7 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 441 43.1
    Fully owned 398 38.9
    Rented 179 17.5
    Other tenure type 5 0.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals