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Kalgoorlie
AREA REPORTS

Kalgoorlie

Kalgoorlie - SUBURB PROFILE REPORT
POSTAL CODE: WA, 6430

house
unit

KALGOORLIE, 6430 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 $255,000.

Profits due to an downward trend in home prices in the suburb averaged -5% per annum over a 3-year period.

KALGOORLIE now ranks at the 401st place on a list of fastest growing suburbs in the territory.

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

Because of this real estate investors could earn a rental income of $350 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In KALGOORLIE, homes and units usually stay on listing for an average of 83.2 days.

In 2016, 75 properties were sold in KALGOORLIE during the past year, making it the 61st most active market in WA based on total real estate transactions.

Data report can be found below

Kalgoorlie
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $255,000 $229,000
GROWTH REPORT
Median Quarterly -1.54% 14.5%
Median 12 month -7.94% N/A
Median 3 years -15% N/A
Median 5 years -19.05% -11.92%
10 years average annual -0.93% 4.07%
Weekly media advert. rent $350 $300
Time on Market 83.2 days 118.8 days
Gross Rental Yield Percent 7.14% 6.81%
demographics (median values)
Total Population
3722
Weekly Household Income
1215
Household Size
2.40
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