Kalkite is a quiet locality in New South Wales within the Snowy Monaro Regional local government area (postcode 2627). With a population of 294, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $83K per year, with an average household size of 2.6 people. The most common occupations are managers, community & personal service, technicians & trades. The top ancestries reported are Australian, English, Scottish.
The median house price in Kalkite is $748,000, having dropped significantly 8.6% over the past year. Units have a median price of $300,000 (-56% YoY). The current median weekly rent is $630. This gives a gross rental yield of approximately 4.4%. The median monthly mortgage repayment is $1,625.
Public transport access includes 22 bus stops. The crime rate in the Snowy Monaro Regional LGA is below average at 2,178 incidents per 100,000 population.
From an investment perspective, Kalkite offers a gross rental yield of 4.4%, rated as moderate yield. Property prices sit below the state median ($748K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.0x is considered moderate. House prices have moved -8.6% year-on-year.
Kalkite is a quiet locality in New South Wales within the Snowy Monaro Regional local government area (postcode 2627). With a population of 294, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $83K per year, with an average household size of 2.6 people. The most common occupations are managers, community & personal service, technicians & trades. The top ancestries reported are Australian, English, Scottish.
The median house price in Kalkite is $748,000, having dropped significantly 8.6% over the past year. Units have a median price of $300,000 (-56% YoY). The current median weekly rent is $630. This gives a gross rental yield of approximately 4.4%. The median monthly mortgage repayment is $1,625.
Public transport access includes 22 bus stops. The crime rate in the Snowy Monaro Regional LGA is below average at 2,178 incidents per 100,000 population.
From an investment perspective, Kalkite offers a gross rental yield of 4.4%, rated as moderate yield. Property prices sit below the state median ($748K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.0x is considered moderate. House prices have moved -8.6% year-on-year.