Suburb Profile Report for Kealba VIC (3021)

Kealba House: Median price $470,500, Annual capital growth 7.27%, Number of sales 50, Weekly median advertised rent $350

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

Source: CoreLogic

  • House Report

Property investors who have had real estate in Kealba, 3021 should be pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 17.63%

Kealba,3021 has offered an average of 17.63% return per annum in house price rises to property investors over the last three years.

Vendor discounting in Kealba is giving property investors an average Vendor Discount of around -2.78%. This puts suburb at number 591th in VIC when ranking the most discounted suburbs.

At number 430 in a list of fastest selling suburbs, Kealba is in the TOP 20% of suburbs in Australia with an average of days on market 47.66 for properties listed there.

HOUSE UNIT
$470,500 N/A
2.28% N/A
17.63% N/A
7.27% N/A
$350 N/A
50 N/A
3.87% N/A
47.66 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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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