How big is the gender gap in housing?
It would take women an additional 10 months to save for a 20 per cent deposit on the median Australian dwelling value as at January 2021. ...
Kalinga, 4030 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.
Investors saw the median home price rise to $1,100,000.
Profits due to an downward trend in home prices in the suburb averaged -2.26% per annum over a 3-year period.
Kalinga now ranks at the 545th place on a list of fastest growing suburbs in the territory.
Figures from the previous quarter show that capital gains for real estate buyers in Kalinga are low, as opposed to average gains per annum over the past five years.
Because of this real estate investors could earn a rental income of $600 based on current median home prices.
Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In Kalinga, homes and units usually stay on listing for an average of 50.0 days.
In 2016, 27 properties were sold in Kalinga during the past year, making it the 442nd most active market in QLD based on total real estate transactions.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,100,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0.92% | N/A |
| Median 12 month | -15.38% | N/A |
| Median 3 years | -6.78% | N/A |
| Median 5 years | 15.79% | N/A |
| 10 years average annual | 3.74% | N/A |
| Weekly media advert. rent | $600 | N/A |
| Time on Market | 50.0 days | N/A |
| Gross Rental Yield Percent | 2.84% | N/A |
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