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Kalimna, VIC 3909

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 Kalimna, VIC 3909 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™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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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.

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0 thoughts on “Kalimna, VIC 3909”

  1. The total adult population (15 years or older) of Kalimna 3909 VIC is 1,175, with a median age of 54. Of those, 50.13% are married, 15.83% are divorced or separated, 26.04% are single and 7.91% are widowed.

    The average household size is 2.2 people per dwelling, and the median household monthly income is estimated to be $5,432. The median monthly mortgage repayment for households in this suburb is $1,256 which is 23.12% of their earnings.

    Source: ABS Census Data (2021)

  2. Nestled within the confines of Victoria, the charming suburb of Kalimna, postcode 3909, is estimated to house approximately 795 households. As we delve into Q3 of 2023, the real estate market in Kalimna presents an appealing landscape for both homebuyers and investors.

    Property prices for houses have been pegged at an average of $578,178, while homes are being rented out at a median price of $467 per week. This scenario ushers in an attractive indicative yield of 4.2% for investors, surpassing the minimum attractive market requirement of 3%. This is suggestive of a profitable cashflow-oriented property market.

    Kalimna’s socio-economic conditions appear to be buoyant, boasting an IRSAD score of 900 out of a possible 1217. It demonstrates a relatively high access to economic resources, income levels, and availability of skilled professions, further underlining this suburb’s appeal.

    The markets are not inundated with rentals, as evidenced by the renter to owner ratio standing at a low 16%. Even the proportions of units presented in the market is as low as 7%, indicating less competition among landlords for tenants. These percentages are both below the thresholds considered favourable for long-term returns adding considerable investment appeal.

    However, an aspect in need of consideration is the affordability index, which stands at a high of 42 years. Markets with an affordability index above 31 years typically have lower affordability, and this acts as a yellow flag for investors.

    When it comes to supply metrics, Kalimna paints a rather favourable picture. With a stock on market Percentage of just 0.39% and an inventory level of 1.5 months, the area shows a low supply of available property up for grabs. These are considered positive aspects for property investors.

    Merging towards the demand scene, despite the relatively high days on market for houses, 197 days, the suburb has a very low vacancy rate of 0.76%, thus showing a high level of demand. The buy search index stands at 4, demonstrating moderate demand for houses within this postcode area in Victoria.

    In conclusion, property investment in Kalimna, 3909 VIC, provides a nurturing ground for investors, offering high yields and a low supply market, alongside significant socio-economic scores. Despite the notable high affordability index and extended days on market, the positive aspects appear to outshine the concerning ones, making it a valuable hotspot for investment consideration. But just like any other property investment, keeping a close eye on market trends while utilising tools like the RCS metric by HtAG Analytics will help discern the potential for capital gains and positive cash flow.

    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.

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