Powered by MOMENTUM MEDIA
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

Cameron Kusher

Stability paving the way for property market gains

The housing market’s continual strength cannot be discounted despite the national property market’s recent dive to its largest value lo...

NAB

297 loans land popular lender in hot water with the law

One of Australia's major banks is being sued for breaches of the law in relation to its loan referral program.  ...

Tall buildings

Another lender slashes its rates

Yet another lender has reduced variable and fixed rates across its owner-occupied and investment home loan products. ...

ATO

Random audits catching out property investors

One national network of tax advisers is warning that property investors have been caught out by random audits for avoidable mistakes in thei...

Westpac

Spate of lenders slash fixed rates for investors

Key Westpac subsidiaries have dropped their fixed rates by up to 140 basis points. ...

ASIC

Illegal scheme involving property, super sees director banned

The corporate regulator has banned a director from providing financial services or engaging in credit activities for eight years, after find...

Website Notifications

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