AREA REPORTS

Kealba

 

 

VIC/
Kealba

Suburb Profile

Kealba - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3021

house

A steady increase in median property prices over a five-year period in the suburb translates to a 53% capital gain.

Property investors in KEALBA enjoyed capital gains of 3.03% over the last 12 months translating to lower returns compared with its peers in the territory.

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 $612,000.

Profits due to an upward trend in home prices there averaged 17.67% per annum over a 3-year period.

Home owners selling their properties and realtors in KEALBA usually have to wait an average of 45.1 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $380 mark, reflecting a 3.23% increase in returns based on the current median price in KEALBA.

KEALBA, 3021 places 364th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $612,000 N/A
GROWTH REPORT
Median Quarterly -1.13% N/A
Median 12 month 3.03% N/A
Median 3 years 53% N/A
Median 5 years 65.41% N/A
10 years average annual 7.79% N/A
Weekly media advert. rent $380 N/A
Time on Market 45.1 days N/A
Gross Rental Yield Percent 3.23% N/A
demographics (median values)
Total Population
3180
Weekly Household Income
1128
Household Size
3.00
demographics
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