Suburb Profile Report for Kalimna VIC (3909)

Kalimna House: Median price $263,500, Annual capital growth 2.49%, Number of sales 23, Weekly median advertised rent $285

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

Source: CoreLogic

  • House Report

Investment property in Kalimna 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 -12.17%

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Kalimna has increased when compared to the 5 year average annual rate.

Property investors looking for a bargain in Kalimna should be aiming for at least -8.67% off the asking price, which is the average vendor discount being achieved at the moment.

Renters in Suburb are facing rents around $3420 per annum or $285 every week.

Metrics i HOUSE UNIT
$263,500 N/A
-5.22% N/A
-12.17% N/A
2.49% N/A
$285 N/A
23 N/A
5.62% N/A
178.95 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 1262
Median household income ($/weekly) 816
Median age of persons 49
Median housing loan repayment ($/monthly) 1473
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 143 11.3
    35-44 years 135 10.7
    45-54 years 155 12.3
    55-64 years 197 15.6
    65-74 years 187 14.8
    Others 444 35.2
    Age Group
    Census Count Percent(%)
    Registered Married 514 58.3
    Not Married 298 33.8
    Defacto Relationship 69 7.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 1064 88.1
    Netherlands 7 0.6
    New Zealand 14 1.2
    United Kingdom 79 6.5
    Other 7 0.6
    Others 37 3.1
    Country of Birth
    Census Count Percent(%)
    Christianity 810 70.5
    No Religion 329 28.6
    Buddhism 7 0.6
    Other Religious Groups 3 0.3
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 70 17.2
    $600-$799 60 14.7
    $800-$999 45 11.1
    $1,000-$1,249 43 10.6
    $1,500-$1,999 46 11.3
    Others 143 35.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 517 50.8
    Employed, worked full-time 233 22.9
    Employed, worked part-time 189 18.6
    Employed, away from work 51 5.0
    Unemployed, looking for work 28 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 68 14.4
    Technicians & trades workers 87 18.5
    Clerical & administrative workers 54 11.5
    Sales 56 11.9
    Labourers 70 14.9
    Others 136 28.9
    Occupation
    Census Count Percent(%)
    Pre-school 29 12.6
    Infants/Primary 92 39.8
    Secondary 67 29.0
    Technical or Further Educational Institution 28 12.1
    University or other Tertiary Institutions 10 4.3
    Others 5 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 761 68.7
    Semi-detached, row or terrace house, townhouse 347 31.3
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 216 47.9
    Being purchased 145 32.2
    Rented 90 20.0
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals