The post-budget guide to commercial property investing

Kallista

POSTAL CODE: VIC, 3791
HOUSE

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 $960,000.

The upward trend in home prices in KALLISTA, 3791 averaged 4.31% per annum over a 3-year period.

Average weekly rents on listings have reached the N/A mark, reflecting a N/A increase in returns based on the current median price in KALLISTA.

An average of 1.58 real estate transactions take place per month in KALLISTA which translates to 19 per annum.

19 properties were sold in KALLISTA in 2016, making it the 492nd most active market in VIC based on total real estate transactions.

KALLISTA, 3791 places 133rd in Australia based on median property value growth during the quarter.

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