Suburb Profile Report for Kaleen ACT (2617)

Kaleen House: Median price $730,000, Annual capital growth 4.94%, Number of sales 97, Weekly median advertised rent $540

Kaleen Unit: Median price $397,250, Annual capital growth 9.32%, Number of sales 14, Weekly median advertised rent $500

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

Source: Monthly data update for Mar 2020 as supplied by CoreLogic. Data is reported to the period ending Dec 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

At number 2055th in the list of Australian suburbs ordered by increase in median house value over the last year, Kaleen, 2617 is in the BOTTOM 50% with a property value increase of -0.82% recorded in median house prices.

If we look at median property appreciation over just the last three months, Kaleen has given property investors a paper return of 3.11%. This puts Suburb as 23 on a list of fastest fasting appreciating suburbs in ACT

At number 200 in a list of fastest selling suburbs, Kaleen is in the TOP 10% of suburbs in Australia with an average of days on market 44.9846 for properties listed there.

A $540 per week rent on the median house gives suburb investors a gross yield of circa 3.85%, without taking into account capital value appreciation, which has been averaging out at 4.94%.

Property investors who have had real estate in Kaleen, 2617 should be ok with this ACT suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -0.69%

Comparing Kaleen,2617 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period

Situated 6.46km from the CBD, Kaleen is one of Unincorporated ACT localities in the postcode 2617.

Metrics i HOUSE UNIT
$730,000 $397,250
3.11% 2.38%
-0.82% -0.69%
4.94% 9.32%
$540 $500
97 14
3.85% 6.54%
44.9846153846154 64.7272727272727

Source: Monthly data update for Mar 2020 as supplied by CoreLogic. Data is reported to the period ending Dec 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Very good (H), Good (U)
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Demographics
Total population 7313
Median household income ($/weekly) 1948
Median age of persons 37
Median housing loan repayment ($/monthly) 1950
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 861 11.8
    25-34 years 1019 13.9
    35-44 years 987 13.5
    45-54 years 1040 14.2
    55-64 years 1157 15.8
    Others 2249 30.8
    Age Group
    Census Count Percent(%)
    Registered Married 2896 51.0
    Not Married 2343 41.3
    Defacto Relationship 436 7.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 5195 73.0
    Croatia 251 3.5
    United Kingdom 276 3.9
    Viet Nam 116 1.6
    Other 409 5.7
    Others 871 12.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 188 2.8
    Christianity 4418 65.0
    Hinduism 73 1.1
    Islam 110 1.6
    No Religion 1953 28.7
    Others 59 0.9
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 325 14.2
    $2,000-$2,499 279 12.2
    $2,500-$2,999 272 11.9
    $3,000-$3,499 249 10.9
    $4,000 or more 203 8.9
    Others 956 41.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2594 43.8
    Not in the labour force 1678 28.3
    Employed, worked part-time 1201 20.3
    Employed, away from work 309 5.2
    Unemployed, looking for work 137 2.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 562 13.7
    Professionals 1106 27.0
    Technicians & trades workers 498 12.1
    Community & personal service workers 373 9.1
    Clerical & administrative workers 820 20.0
    Others 744 18.1
    Occupation
    Census Count Percent(%)
    Pre-school 100 5.0
    Infants/Primary 562 28.2
    Secondary 515 25.9
    Technical or Further Educational Institution 210 10.6
    University or other Tertiary Institutions 556 27.9
    Others 47 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6771 96.2
    Flat, unit or apartment 196 2.8
    Semi-detached, row or terrace house, townhouse 71 1.0
    Caravan, cabin, houseboat 3 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1041 41.2
    Being purchased 894 35.4
    Rented 585 23.1
    Other tenure type 7 0.3
    Tenure Type
Census 2011, ABS
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