SOLD
RECENT ADVICE
Sold on 21 Mar 2024 for $680,000

15 Mckane Street
Kalkallo VIC 3064

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
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Property Details for 15 Mckane St, Kalkallo

15 Mckane St, Kalkallo is a 4 bedroom, 2 bathroom House with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 4 bedroom House sold in Kalkallo in the last 12 months.

Building Type
House
Local Government
Hume
Lot/Plan
20316/PS742806

Last Listing description (March 2024)

Investing in real estate is a significant decision that requires careful consideration and planning. Among the myriad of options available, a property boasting four bedrooms, two showers, and a double garage in Kalkallo presents a compelling opportunity for both homeowners and investors alike. Situated in close proximity to essential amenities such as shopping centers, schools, playgrounds, and offering high potential growth, this property type warrants exploration and analysis.

Firstly, the practical layout of four bedrooms and two showers caters to the modern family's needs. With growing households or the desire for dedicated guest rooms or home offices, the flexibility offered by such a configuration is invaluable. Additionally, the inclusion of a double garage not only provides convenient parking but also offers ample storage space, further enhancing the property's appeal.

Location is paramount in real estate, and Kalkallo's proximity to essential amenities makes it an attractive choice. The convenience of being close to shopping centers ensures residents have access to retail outlets, dining options, and other services. Furthermore, the presence of schools nearby is advantageous for families with children, providing easy access to quality education. Additionally, the availability of playgrounds offers recreational opportunities for residents of all ages, contributing to a vibrant community atmosphere.

Moreover, Kalkallo's potential for high growth adds another layer of appeal to investing in this property type. As an emerging suburb with increasing demand and development, property values are poised for appreciation over time. This presents an opportunity for investors to capitalize on capital gains and rental yield, making it an attractive prospect for long-term wealth accumulation.

In conclusion, investing in a four-bedroom, two-shower, double garage property in Kalkallo offers a myriad of benefits. From its practical layout to its strategic location near essential amenities and the promise of high potential growth, this property type presents an enticing opportunity for both homeowners and investors. By recognizing and harnessing these advantages, individuals can maximize the potential of their investment and secure a prosperous future in Kalkallo's burgeoning real estate market.

Please contact Bobby Kosuri on 0421162787 for any further assistance.

Due diligence checklist - for home and residential property buyers -
http://www.consumer.vic.gov.au/duediligencechecklist

Property History for 15 Mckane St, Kalkallo, VIC 3064

A timeline of how this property has performed in the market
Last Sold
$680,000
21 Mar 2024
  • 21 Mar 2024
    Sold for $680,000
  • 15 Mar 2024
    Listed for Sale Auction Saturday 20th April 2024 AT 1:00PM
  • 13 Nov 2017
    Sold for $310,000
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About Kalkallo 3064

The size of Kalkallo is approximately 7 square kilometres. The population of Kalkallo in 2011 was 32,756 people. By 2016 the population was 99 showing a population decline of 99.7% in the area during that time. The predominant age group in Kalkallo is 60-69 years. Households in Kalkallo are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Kalkallo work in a sales workers occupation. In 2011, 78.8% of the homes in Kalkallo were owner-occupied compared with 75.7% in 2016.

Kalkallo has 5,222 properties. Over the last 5 years, Houses in Kalkallo have seen a 24.93% increase in median value, while Units have seen a 15.64% increase. As at 31 October 2024:

  • The median value for Houses in Kalkallo is $692,332 while the median value for Units is $497,077.
  • Houses have a median rent of $500 while Units have a median rent of $455.
There are currently 75 properties listed for sale, and 26 properties listed for rent in Kalkallo on OnTheHouse. According to CoreLogic's data, 426 properties were sold in the past 12 months in Kalkallo.

Suburb Insights for Kalkallo 3064

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Bobby Kosuri
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Bombay Real Estate
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.