At number 2455th in the list of Australian suburbs ordered by increase in median house value over the last year, Kallangur, 4503 is in the BOTTOM 40% with a property value increase of -1.44% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Kallangur,4503 has racked up an average of -1.44% over the period. This ranks it number 2208th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Kallangur is offering property investors an average of -6.78. This rate of discount on properties puts Suburb at number 553th in terms of most discounted suburbs in QLD
Advertised rents are around the $380 mark per week – giving a return of 5.01% based on the median price in Suburb
With a capital gain of 0.69% for the last 12 months, Kallangur, 4503 has performed for property investments than its average annual -1.31% property growth over the last 5 years.
A -12.65% growth in median value for property investors in Kallangur,4503 puts this suburb at number 139th in terms of best performing suburbs in QLD
Property investors looking for a bargain in Kallangur should be aiming for at least -4.67% off the asking price, which is the average vendor discount being achieved at the moment.
At number 1181 in a list of fastest selling suburbs, Kallangur is in the bottom 20% of suburbs in Australia with an average of days on market 107.152 for properties listed there.