With a capital gain of -1.90% for the last 12 months, Kaleen, 2617 has performed for property investments than its average annual 4.79% property growth over the last 5 years.
Across a shorter period, Kaleen, 2617 has seen a median price increase of -3.55% over the last quarter.
With the median price for a house in Kaleen being $721000 and the advertised rent reaching $540 the gross rental yield for property investors calculates out to be 3.89%
Investment property in Kaleen has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -2.25%
Taking the average capital gain, or increase in median house value, Kaleen,2617 has racked up an average of -2.25% over the period. This ranks it number 1469th in the whole country for real estate investors looking at median house price increases.
In the last year 12 properties changed hands in Kaleen, which puts it as the 53th most active market in ACT when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $24700 per annum or $475 every week.