AREA REPORTS

Kalgoorlie

 

 

WA/
Kalgoorlie

Suburb Profile

Kalgoorlie - FREE SUBURB PROFILE REPORT
POSTAL CODE: WA,6430

house

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 $270,000.

Profits due to an downward trend in home prices in the suburb averaged -4.3% per annum over a 3-year period.

KALGOORLIE now ranks at the 254th 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 low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $340 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 94.9 days.

In 2016, 49 properties were sold in KALGOORLIE during the past year, making it the 107th most active market in WA based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $270,000 N/A
GROWTH REPORT
Median Quarterly -6.25% N/A
Median 12 month -3.4% N/A
Median 3 years -12.9% N/A
Median 5 years -10% N/A
10 years average annual -1.53% N/A
Weekly media advert. rent $340 N/A
Time on Market 94.9 days N/A
Gross Rental Yield Percent 6.55% N/A
demographics (median values)
Total Population
3722
Weekly Household Income
1215
Household Size
2.40
demographics
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