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Kalimna
AREA REPORTS

Kalimna

Kalimna - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3909

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Property investments in KALIMNA fare well against the rest of the country last year, registering a median home price increase of 20.69%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are high, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains KALIMNA, 3909 saw average growth in the long term.

Real estate investors could earn a rental income of $360 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 105.0 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $350,000.

KALIMNA ranks 39th on the list of best yielding suburbs for rental properties in VIC, posting a 5.35% return.

Data report can be found below

Kalimna
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $350,000 N/A
GROWTH REPORT
Median Quarterly 6.87% N/A
Median 12 month 20.69% N/A
Median 3 years 20.69% N/A
Median 5 years 19.35% N/A
10 years average annual 3.46% N/A
Weekly media advert. rent $360 N/A
Time on Market 105.0 days N/A
Gross Rental Yield Percent 5.35% N/A
demographics (median values)
Total Population
989
Weekly Household Income
653.4
Household Size
2.50
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