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Investment Property Kelvin Grove, QLD, 4059

Suburb Snapshot

Kelvin Grove is a suburb in the Brisbane Region of Queensland. Kelvin Grove has a population of 7,929 people and 56.42% of its occupants live in rental accommodation. The median listing price for houses is $1,400,000 and this has changed -1.76% over the past year and changed 27.27% over 2 years.

The median rent in Kelvin Grove for houses is $680 per week and the median rental yield is 2.52%. Stock on the market for houses/townhouses has changed 25.00% compared to last year and the average time to sell a house/townhouse is 52 days.The median listing price for units is $500,000 and this has changed 17.64% over the past year. The average unit takes 123 days to sell and the median rent for a unit in Kelvin Grove is $550 per week, producing a rental yield of 5.72%.

Supply & Demand in Kelvin Grove, Brisbane

2.06%

Current vacancy rate


82

Rental stock available


7,929

Population


56.42%

Rental population


1.19%

Current vacancy rate


6,534

Rental stock available


1,131,159

Population


32.91%

Rental population


0.87%

Current vacancy rate


20,720

Rental stock available


4,703,187

Population


29.39%

Rental population


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Statistical data for Kelvin Grove, Brisbane

  House Townhouses Units
Median listing price $1,400,000 NA $500,000
Median price change - last quarter 3.70% NA 4.16%
Median price change - 1 year -1.76% NA 17.64%
Median price change - 2 years 27.27% NA 26.58%
  House Townhouses Units
Median weekly rent $680 $760 $550
Median yield % 2.52% NA 5.72%
Median rent change - 1 year 4.61% 18.75% 3.77%
  House Units
Previous month sales 3 8
Stock on market previous month 15 41
Stock variance vs. last year 25.00% 7.89%
Average days on market 52 123

Kelvin Grove investment property listings

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