Suburb Profile Report for Kalimna VIC (3909)

Kalimna House: Median price $260,000, Annual capital growth 2.72%, Number of sales 20, Weekly median advertised rent $280

  • 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 -13.33%

Taking the average capital gain, or increase in median house value, Kalimna,3909 has racked up an average of -13.33% over the period. This ranks it number 2849th in the whole country for real estate investors looking at median house price increases.

State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.00% offered to property buyers. Sellers in Kalimna itself are offering an average vendor discount of -4.80% to real estate investors.

In the last year 20 properties changed hands in Kalimna, which puts it as the 597th most active market in VIC when comparing the number of sales per suburb.

Using the current median advertised rental of $280 and the average annual increase in value of a median property of 2.72%, investors should hope to achieve an overall return of 5.60%

Metrics i HOUSE UNIT
$260,000 N/A
-13.33% N/A
-13.33% N/A
2.72% N/A
$280 N/A
20 N/A
5.60% N/A
164.9 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Below average (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