Kaleen is a mid-sized suburb in Australian Capital Territory within the Unincorporated ACT local government area (postcode 2617). With a population of 7,672, the suburb has an established demographic with a median age of 39. Households earn a median income of $121K per year, with an average household size of 2.7 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Australian, English, Irish.
The median house price in Kaleen is $1.0 million, having risen modestly 0.3% over the past year. Units have a median price of $670,000 (-20% YoY). The median weekly rent is $460 (Census 2021). This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $2,167.
Kaleen is served by 4 schools, including 3 primary, 1 secondary. The average ICSEA score is 1081, which is above the national average of 1,000. Public transport access includes 41 bus stops. The crime rate in the Unincorporated ACT LGA is below average at 2,646 incidents per 100,000 population.
From an investment perspective, Kaleen offers a gross rental yield of 2.4%, rated as low yield. Property prices are near the state median ($1.0M/$1.0M). The price-to-income ratio of 8.3x is considered moderate. House prices have moved +0.3% year-on-year.
Kaleen is a mid-sized suburb in Australian Capital Territory within the Unincorporated ACT local government area (postcode 2617). With a population of 7,672, the suburb has an established demographic with a median age of 39. Households earn a median income of $121K per year, with an average household size of 2.7 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Australian, English, Irish.
The median house price in Kaleen is $1.0 million, having risen modestly 0.3% over the past year. Units have a median price of $670,000 (-20% YoY). The median weekly rent is $460 (Census 2021). This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $2,167.
Kaleen is served by 4 schools, including 3 primary, 1 secondary. The average ICSEA score is 1081, which is above the national average of 1,000. Public transport access includes 41 bus stops. The crime rate in the Unincorporated ACT LGA is below average at 2,646 incidents per 100,000 population.
From an investment perspective, Kaleen offers a gross rental yield of 2.4%, rated as low yield. Property prices are near the state median ($1.0M/$1.0M). The price-to-income ratio of 8.3x is considered moderate. House prices have moved +0.3% year-on-year.