The post-budget guide to commercial property investing

Kalkie

POSTAL CODE: QLD, 4670
HOUSE

KALKIE, 4670 ranks 358th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 25.78% for property investors.

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

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $805,000.

The upward trend in home prices in KALKIE, 4670 averaged 19.28% per annum over a 3-year period.

Average weekly rents on listings have reached the $650 mark, reflecting a 4.2% increase in returns based on the current median price in KALKIE.

An average of 3.75 real estate transactions take place per month in KALKIE which translates to 45 per annum.

45 properties were sold in KALKIE in 2016, making it the 316th most active market in QLD based on total real estate transactions.

KALKIE, 4670 places 441st in Australia based on median property value growth during the quarter.

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