Kalkallo is a mid-sized suburb in Victoria within the Hume local government area (postcode 3064). With a population of 5,548, the suburb has a young professional demographic with a median age of 30. Households earn a median income of $106K per year, with an average household size of 3.2 people. The most common occupations are professionals, community & personal service, machinery operators & drivers. The top ancestries reported are Indian, Australian, English.
The median house price in Kalkallo is $640,000, having risen modestly 1.5% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 3.9%. The median monthly mortgage repayment is $2,000.
Kalkallo is served by 2 schools, including 2 primary. The average ICSEA score is 1038, which is around the national average of 1,000. Public transport access includes 4 rail stations, 13 bus stops. The crime rate in the Hume LGA is higher than average at 8,365 incidents per 100,000 population.
From an investment perspective, Kalkallo offers a gross rental yield of 3.9%, rated as moderate yield. Property prices are near the state median ($640K/$875K). The price-to-income ratio of 6.0x is considered moderate. House prices have moved +1.5% year-on-year.
Kalkallo is a mid-sized suburb in Victoria within the Hume local government area (postcode 3064). With a population of 5,548, the suburb has a young professional demographic with a median age of 30. Households earn a median income of $106K per year, with an average household size of 3.2 people. The most common occupations are professionals, community & personal service, machinery operators & drivers. The top ancestries reported are Indian, Australian, English.
The median house price in Kalkallo is $640,000, having risen modestly 1.5% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 3.9%. The median monthly mortgage repayment is $2,000.
Kalkallo is served by 2 schools, including 2 primary. The average ICSEA score is 1038, which is around the national average of 1,000. Public transport access includes 4 rail stations, 13 bus stops. The crime rate in the Hume LGA is higher than average at 8,365 incidents per 100,000 population.
From an investment perspective, Kalkallo offers a gross rental yield of 3.9%, rated as moderate yield. Property prices are near the state median ($640K/$875K). The price-to-income ratio of 6.0x is considered moderate. House prices have moved +1.5% year-on-year.