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Kallangur
AREA REPORTS

Kallangur

Kallangur - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4503

house
unit

Property investments in KALLANGUR did not fare well against the rest of the country last year, registering a median home price decrease of 14.9%.

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 KALLANGUR, 4503 saw average growth in the long term.

Real estate investors could earn a rental income of $385 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 26.7 days.

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

Property investors perceived the median home price rise to $455,000.

KALLANGUR ranks 404th on the list of best yielding suburbs for rental properties in QLD, posting a 4.4% return.

Data report can be found below

Kallangur
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $455,000 $285,000
GROWTH REPORT
Median Quarterly 4.6% 5.56%
Median 12 month 14.9% -0.94%
Median 3 years 15.34% -1.72%
Median 5 years 24.66% -8.06%
10 years average annual 2.96% -1.17%
Weekly media advert. rent $385 $320
Time on Market 26.7 days 58.1 days
Gross Rental Yield Percent 4.4% 5.84%
demographics (median values)*
Total Population
15655
Weekly Household Income
1000
Household Size
2.70
Age
33
Monthly Loan Repayment
1196
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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