Property value increases in Kaleen have tracked close to the ACT average of 7.41% over the last 12 months.
Over the longer term, Kaleen has seen property prices show investors a 24.43% return over the last 3 years. This is worse than over the last 12 months
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Kaleen, 2617. Typically our figures indicate that -1.86% is being offered, which puts this ACT suburb at 1007th most discounted overall in Australia.
A $490 per week rent on the median house gives suburb investors a gross yield of circa 3.73%, without taking into account capital value appreciation, which has been averaging out at 5.00%.
Kaleen is in the bottom 10% in ACT when comparing median price capital growth over the last year. Kaleen gave property investors a dismal capital gain figure when compared to the rest of the state, with -14.74%.
The five-year average increase in median property values for Kaleen,2617 has given property investors a potential capital gain of -1.22% across each of those five years.
Kaleen, 2617 is offering ACT ‘s 14th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this ACT.
In the last year 17 properties changed hands in Kaleen, which puts it as the 58th most active market in ACT when comparing the number of sales per suburb.
The ACT suburb of Kaleen, 2617 is in the Unincorporated ACT local government area.