Kelso is a well-established suburb in Queensland within the Townsville local government area (postcode 4815). With a population of 10,599, the suburb has a mix of young professionals and families with a median age of 34. Households earn a median income of $85K per year, with an average household size of 2.8 people. The most common occupations are community & personal service, technicians & trades, labourers. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Kelso is $389,000, having surged 16% over the past year. Units have a median price of $313,000 (-35.6% YoY). The current median weekly rent is $520. This gives a gross rental yield of approximately 7.0%. The median monthly mortgage repayment is $1,496.
Kelso is served by 1 school, including 1 primary. The average ICSEA score is 828, which is well below the national average of 1,000. The crime rate in the Townsville LGA is higher than average at 10,770 incidents per 100,000 population.
From an investment perspective, Kelso offers a gross rental yield of 7.0%, rated as high yield. Property prices sit below the state median ($389K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 4.6x is considered affordable. House prices have moved +16.0% year-on-year.
Kelso is a well-established suburb in Queensland within the Townsville local government area (postcode 4815). With a population of 10,599, the suburb has a mix of young professionals and families with a median age of 34. Households earn a median income of $85K per year, with an average household size of 2.8 people. The most common occupations are community & personal service, technicians & trades, labourers. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Kelso is $389,000, having surged 16% over the past year. Units have a median price of $313,000 (-35.6% YoY). The current median weekly rent is $520. This gives a gross rental yield of approximately 7.0%. The median monthly mortgage repayment is $1,496.
Kelso is served by 1 school, including 1 primary. The average ICSEA score is 828, which is well below the national average of 1,000. The crime rate in the Townsville LGA is higher than average at 10,770 incidents per 100,000 population.
From an investment perspective, Kelso offers a gross rental yield of 7.0%, rated as high yield. Property prices sit below the state median ($389K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 4.6x is considered affordable. House prices have moved +16.0% year-on-year.