AREA REPORTS

Kelvin Grove

QLD/
Kelvin grove

Suburb Profile

Kelvin Grove - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4059

house
unit

Property investments in KELVIN GROVE fare well against the rest of the country last year, registering a median home price increase of 8.5%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains KELVIN GROVE, 4059 saw average growth in the long term.

Real estate investors could earn a rental income of $500 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 58.2 days.

Besides that, the Australian suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $830,000.

KELVIN GROVE ranks 745th on the list of best yielding suburbs for rental properties in QLD, posting a 3.13% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $830,000 $414,000
GROWTH REPORT
Median Quarterly 0% 2.22%
Median 12 month 8.5% 0.36%
Median 3 years 11% -14.64%
Median 5 years 27.69% -12.66%
10 years average annual 3.17% -0.12%
Weekly media advert. rent $500 $417.5
Time on Market 58.2 days 89.4 days
Gross Rental Yield Percent 3.13% 5.24%
demographics (median values)
Total Population
4244
Weekly Household Income
1137
Household Size
2.20
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Aerial shot of property

What property types are working in the current market?

The current property market is seeing a boost of confidence following recent political and financial moves. If investors what to stand out i...

Sydney

NSW vacancy rates revealed in latest data

New data for May has revealed how vacancy rates in Sydney and regional locations have changed over the month, with a distinct trend being no...

Brisbane

What the Greater Brisbane market holds for property investors

Investors looking to enter the Queensland market and want to opt for something with a bit of distance away from the CBD of Brisbane might wa...

Australia

Report points to improving economies around the country

A new report analysing regions across Australia has identified which areas are seeing improvements in local economies. ...

For rent

How rental and vacancy rates are performing in major capitals

New data reveals the national vacancy rate for May, and how asking prices for rentals have performed for property investors.  ...

How to avoid making an ‘emotional’ property investment

Propertyology’s Simon Pressley answers one of the most common property buying questions: Should investors purchase properties they would w...

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.