At number 3892th in the list of Australian suburbs ordered by increase in median house value over the last year, Kalimna, 3909 is in the BOTTOM 10% with a property value increase of -10.40% recorded in median house prices.
A -11.39% growth in median value for property investors in Kalimna,3909 puts this suburb at number 91th in terms of best performing suburbs in VIC
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Kalimna, 3909. Typically our figures indicate that -8.47% is being offered, which puts this VIC suburb at 675th most discounted overall in Australia.
On average over the past year, suburb has had 1.83 sales per month, which equates to 22 per year.
Using the current median advertised rental of $280 and the average annual increase in value of a median property of 4.38%, investors should hope to achieve an overall return of 5.20%