Giving property investors a a stable capital gain of 7.13% for the last year, Kaleen, 2617 is the 1114th highest performer in Australia in this respect.
Kaleen,2617 was ranked 1531 in Australia by increase in median property value over the quarter.
Often selling an investment property can take time, and in Kaleen the average time real estate has been on the market is 33.16 days.
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 1.65%
Over the longer term, Kaleen has seen property prices show investors a -18.99% return over the last 3 years. This is an improvement over the last 12 months
Using the current median advertised rental of $470 and the average annual increase in value of a median property of 8.40%, investors should hope to achieve an overall return of 6.09%