Located in New South Wales within the Snowy Monaro Regional local government area, Kalkite is a quiet locality (postcode 2627). It is home to about 294 residents, with a blend of families and working-age professionals and a median age of 37. Households earn a median income of $83K per year, with an average household size of 2.6 people. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, community & personal service, technicians & trades. Employment in the area leans toward accommodation & food and public admin & safety. The top ancestries reported are Australian, English, Scottish.
The median house price in Kalkite is $1.0 million, having risen steeply by 14.8% over the past year. Units have a median price of $160,000 (-12.1% YoY). The current median weekly rent is $800. This gives a gross rental yield of approximately 4.1%. 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 2,173 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 4.1% (moderate yield). Property prices sit below the state median ($1.0M/$1.5M), which can point to relative value. The price-to-income ratio of 12.2x is considered stretched. House prices have moved +14.8% year-on-year.