Fraud Blocker

Kambah, ACT 2902

Home » ACT Suburbs » Kambah, ACT 2902

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Kambah, ACT 2902 located in Canberra to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

Upgrade to Professional Plan to see the score

Capital Growth RCS™

Upgrade to Professional Plan to see the score

Cashflow RCS™

Upgrade to Professional Plan to see the score

FREE Investment Property Checklist

Secure your golden ticket to property investment success! Get our meticulously crafted Property Investment Checklist upon subscribing to our newsletter. It’s jam-packed with valuable insights from prime locations to specific building nuances.

Essentials
No Price Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

No Rent Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

Upgrade to Personal Plan to see Yield data.
Yield chart
Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart
Fundamentals
Upgrade to Personal Plan to see IRSAD data.
IRSAD chart
Upgrade to Personal Plan to see U|H and R|O data.
Renters to owners pie chart
Upgrade to Personal Plan to see U|H and R|O data.
unit to houses pie charts
Upgrade to Personal Plan to see Demand Profile data.
Demand chart
Upgrade to Professional Plan to see Affordability Index data.
Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

Upgrade to Professional Plan to see Stock On Market trend.
SOM chart
Upgrade to Professional Plan to see Inventory trend.
Inventory chart
Upgrade to Professional Plan to see Building Approvals trend.
Inventory chart
Upgrade to Professional Plan to see Hold Period trend.
Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

Upgrade to Professional Plan to see Days On Market trend.
DOM chart
Upgrade to Professional Plan to see Vacancy Rate trend.
Inventory chart
Upgrade to Professional Plan to see Search Index trend.
Index chart
Upgrade to Professional Plan to see Clearance Rate trend.
Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

Have a question? You can either leave a comment below or post it on our forum.

0 thoughts on “Kambah, ACT 2902”

  1. The total adult population (15 years or older) of Kambah 2902 ACT is 12,729, with a median age of 41. Of those, 48.85% are married, 12.28% are divorced or separated, 34.69% are single and 4.20% are widowed.

    The average household size is 2.6 people per dwelling, and the median household monthly income is estimated to be $10,520. The median monthly mortgage repayment for households in this suburb is $2,000 which is 19.01% of their earnings.

    Source: ABS Census Data (2021)

  2. In the Australian Capital Territory (ACT), situated amongst 6525 households, lies the suburb of Kambah, 2902. The typical house prices in Kambah as of Q3 2023 measures an impressive $902,135 AUD, with median weekly rents calculated at a healthy $685. This pricing structure produces an indicative yield of 3.95%, making the area a favourable market for cashflow-centered investors.

    Kambah boasts an IRSAD score of 1049 out of 1217, suggesting an affluent and prosperous community with strong employment opportunities and economic resources. A noticeable indication that the population comprises mainly of homeowners, the renter to owner ratio stands at a low 21%. A low ratio typically signifies a healthy property market, less vulnerable to high competition among investors and resulting in greater long-term returns.

    The suburb also has an extremely low units to houses ratio of 1%. This suggests a well-spread demand for rental properties as there is a lower concentration of units and greater share for houses. Suburbs with a healthy balance of units and houses generally attract longer tenancy periods and provide robust rental yields.

    However, the affordability index for houses stands at 34 years, indicating that it might be beyond reach for some homebuyers given the current property prices, income levels and interest rates. Yet, a slightly high affordability index is manageable, particularly if supported by other favourable metrics.

    When delving into the supply metrics, houses in Kambah displays a positive trend. With a stock on market percentage of 0.18%, well below the neutral range, and an inventory level at just 0.69 months, it suggests a competitive market with low supply. Reduced supply levels can often incite property value growth and investor priviliges. Moreover, the low building approvals ratio of 0.26% further reflects a limited supply of new listings entering the market.

    Days on Market, an essential demand metric, stands at 32, implying high demand. Furthermore, the lower vacancy rate of 1.16% is a testament of trustworthy investment potency due to the strong housing demand and limited supply.

    However, the buy search index for houses in Kambah measures at 3, which suggests moderate demand. Investors should closely monitor this statistic, as shifts in buyer demand could potentially impact investment outcomes.

    While Kambah 2902, ACT may not tick all the ‘ideal’ boxes, it projects an inviting mix of positive signs with low supply and substantial demand. Recognising the balance in metrics can lead to prosperous investment opportunities. For a more advanced search, consider tools like the Relative Composite Score (RCS) developed by HtAG Analytics, which comprehensively encapsulates over 80 metrics to provide a robust market analysis.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

Leave a comment