All About Kaleen, Unincorporated ACT, ACT, 2617

Kaleen, located within the Australian Capital Territory and part of the Belconnen district, offers a vibrant housing market characterized by a blend of older established homes and modern developments. The suburb, predominantly featuring detached houses, appeals to families and young professionals seeking spacious living with a suburban feel. In recent years, Kaleen has experienced a steady increase in property values, a trend consistent with broader movements in the Canberra housing market. Its proximity to educational institutions like the University of Canberra and a variety of shopping centers contributes to its attractiveness. The presence of well-established infrastructure, including schools, parks, and recreational facilities, further supports a robust real estate demand in this leafy suburb.

Living in Kaleen provides residents with a comfortable lifestyle combined with the convenience of urban amenities. The suburb is well-serviced by public transportation, making commuting to Canberra's city center and other nearby areas relatively easy. Kaleen's community atmosphere is bolstered by active local groups and events, fostering a strong sense of community. Abundant green spaces and cycling paths make it ideal for outdoor enthusiasts and those looking for a peaceful environment complementing the hustle and bustle of city life. The nearby Belconnen Town Centre offers diverse shopping and dining options, ensuring residents don’t need to travel far for entertainment. Overall, Kaleen presents a desirable balance of city proximity and suburban tranquility, making it a sought-after location for many Canberra residents.

Kaleen Real Estate Market Outlook

Thinking about buying in Kaleen? Now could not be a better time, with 3248 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,019,000 with prices in this suburb ranging from $84,000 to $3,712,000. The aproximate distance to the coast is 109 Km.

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Incomes in Kaleen are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Kaleen classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Kaleen requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Instant Property Valuation

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Public Transport

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General Points of Interest

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Nearby Suburbs

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