Property value increases in Kialla have tracked just higher than the VIC average of 2.87% over the last 12 months.
When looking at the potential capital gains offered to property investors over the last 3 years, Kialla comes in at number 304th in VIC.
At number 459th of VIC’s most discounted properties, Kialla is in the TOP 20% of the state/territory when listing in order of most discounted to least.
Situated 159.43km from the CBD, Kialla is one of Greater Shepparton (C) localities in the postcode 3631.
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Growth is consistent
Median house price: $403,000
Three-year growth: 9.8%
Rental yield: 5.1%
A rural suburb in the LGA of Greater Shepparton City, Kialla offers a moderately priced house market with a median price of around $400,000. There are three man-made lakes in the area of Kialla Lakes, and properties with views of these water features command the highest values.
The suburb has enjoyed consistent growth since 2013, and rental houses generate strong yields at an average rate of 5.1%. A low average discount rate suggests that there is excellent demand for properties here. This appeal could have been enhanced by Kialla’s proximity to the Shepparton CBD, which is 9km away and provides access to shopping centres like Maude Street Mall and local attractions like the Shepparton Art Museum.
Racing makes up a big part of the sports scene in Kialla – the local racetrack is the site of regular meetings for the Shepparton Harness Racing Club and the Shepparton Greyhound Racing Club.