Giving property investors a a stable capital gain of 5.46% for the last year, Kialla, 3631 is the 870th highest performer in Australia in this respect.
Over the longer term, Kialla has seen property prices show investors a 16.44% return over the last 3 years. This is worse than over the last 12 months
Kialla3631 is located in VIC which offers an average discount of -6.90% to property investors. Kialla itself is showing figures that indicate -4.21% is the average achievable by property buyers investing in the suburb.
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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.