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.