Kelso

KELSO, 4815 ranks 521st on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 21.46% 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 $583,000.

The upward trend in home prices in KELSO, 4815 averaged 25.56% per annum over a 3-year period.

Average weekly rents on listings have reached the $527.5 mark, reflecting a 4.7% increase in returns based on the current median price in KELSO.

An average of 20.92 real estate transactions take place per month in KELSO which translates to 251 per annum.

251 properties were sold in KELSO in 2016, making it the 510th most active market in QLD based on total real estate transactions.

KELSO, 4815 places 212th in Australia based on median property value growth during the quarter.