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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.

Average median house prices in WA have risen as a whole, pulling KALGOORLIE, 6430 values up and netting property investors a capital gain of 32.53% for the past year.

Investors saw the median home price rise to $275,000.

Profits due to an downward trend in home prices in the suburb averaged -1.61% per annum over a 3-year period.

KALGOORLIE now ranks at the 467th 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 $359.75 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 76.0 days.

In 2016, 82 properties were sold in KALGOORLIE during the past year, making it the 54th 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 $275,000 $225,000
GROWTH REPORT
Median Quarterly 0.92% -4.26%
Median 12 month 32.53% 2.27%
Median 3 years -4.84% N/A
Median 5 years -8.33% 9.76%
10 years average annual 0.1% 1.91%
Weekly media advert. rent $359.75 $330
Time on Market 76.0 days 92.5 days
Gross Rental Yield Percent 6.8% 7.63%
demographics (median values)*
Total Population
22746
Weekly Household Income
2186
Household Size
2.70
Age
32
Monthly Loan Repayment
1950
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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