Kelso

POSTAL CODE: QLD, 4815

HOUSE

KELSO, 4815 ranks 572nd on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 21.65% 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 $590,000.

The upward trend in home prices in KELSO, 4815 averaged 25.73% per annum over a 3-year period.

Average weekly rents on listings have reached the $530 mark, reflecting a 4.67% increase in returns based on the current median price in KELSO.

An average of 22 real estate transactions take place per month in KELSO which translates to 264 per annum.

264 properties were sold in KELSO in 2016, making it the 486th most active market in QLD based on total real estate transactions.

KELSO, 4815 places 239th in Australia based on median property value growth during the quarter.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$590,000	N/A
Growth Report
Median Quarterly	6.21%	N/A
Median 12 month	21.65%	N/A
Median 3 years	77.18%	N/A
Median 5 years	126.92%	N/A
10 years average annual	8.3%	N/A
Weekly media advert. rent	$530	N/A
Time on Market	30.6 days	N/A
Gross Rental Yield Percent	4.67%	N/A

Demographics (Median Values)*

Total Population 8693

Weekly Household Income 1120

Household Size 3.10

Average Age 29

Monthly Loan Repayment 1200

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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