Suburb Profile Report for Kaleen ACT (2617)

Kaleen House: Median price $721,000, Annual capital growth 4.79%, Number of sales 85, Weekly median advertised rent $540

Kaleen Unit: Median price $391,500, Annual capital growth -2.99%, Number of sales 12, Weekly median advertised rent $475

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

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

  • House Report
  • Unit Report

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.

Metrics i HOUSE UNIT
$721,000 $391,500
-3.55% -2.00%
-1.90% -2.25%
4.79% -2.99%
$540 $475
85 12
3.89% 6.31%
44.9107142857143 77.1

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

DSR Score for property investment : Very good (H), Above average (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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