Fraud Blocker

Kalkallo, VIC 3064

Home » VIC Real Estate Data » Hume City, VIC » Kalkallo, VIC 3064

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 Kalkallo, VIC 3064 located in Melbourne 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™

Sign up to see the score

Capital Growth RCS™

Sign up to see the score

Cashflow RCS™

Sign up 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 “Kalkallo, VIC 3064”

  1. The total adult population (15 years or older) of Kalkallo 3064 VIC is 3,948, with a median age of 30. Of those, 60.13% are married, 7.17% are divorced or separated, 31.38% are single and 1.52% are widowed.

    The average household size is 3.2 people per dwelling, and the median household monthly income is estimated to be $8,132. The median monthly mortgage repayment for households in this suburb is $2,000 which is 24.59% of their earnings.

    Source: ABS Census Data (2021)

  2. The picturesque suburb of Kalkallo, 3064, nestled within the tranquil landscape of Victoria, is home to an estimated 4,116 households. A quick glance at the property landscape as revealed by the Q3 2023 data shows that the typical price for houses within this charming hamlet was $685,523 AUD. This is complemented by a median weekly rent of $424, yielding an attractive return of approximately 3.22%, thereby placing it slightly above the threshold that makes it appealing to cashflow-centric property investors.

    The socio-economic fabric of Kalkallo is underscored by a remarkable IRSAD score of 1,013 out of a possible 1,217. This score signifies not only a pervasive level of economic access within the area but also a prevalence of income levels that are in the upper echelons, coupled with a high representation of skilled professions.

    Further diving into the data reveals that investors can benefit from an enviably low renter to owner ratio of 21%, suggesting less competition among landlords for tenants, thus supporting the maintenance of high rental yields. Driving further appeal is the absence of units, with the units to houses ratio sitting at a stunning 0%. This scenario generally points towards an overarching presence of families – a demographic noted for their longer tenancy periods.

    That being said, potential home owners face a less favourable scenario. With an affordability index standing at 33 years, home ownership is less attainable than in suburbs where this metric is below 30 years.

    Considering supply metrics, the stock on market Percentage for houses is slightly high at 2.21% hinting at a greater supply. This narrative is supported by an inventory level for houses, which at 5.27 months, exceeds the value indicating an unfavourable supply-heavy market.

    However, the Ba Ratio of 2.1% suggests an increased supply of new housing stock that could potentially lead to a more balanced market environment in the future.

    The average house in Kalkallo stays on the market for about 47 days, indicating a more neutral leaning in terms of demand. The combined vacancy rate for houses and units at 2.75% shows a balanced condition while the buy search index of 3 may be indicative of limited demand for houses.

    In conclusion, capitalising on real estate opportunities in Kalkallo requires careful consideration of these metrics and monitoring their trends. While some figures might be less than favourable, a comprehensive understanding of the entire property market context and its dynamics is crucial to making profitable investment decisions. Finally, a valuable resource would be the HtAG Analytics’ Relative Composite Score (RCS) which synthesises data from over 80 metrics to deliver an automated overview of the property market behaviour.

    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