109 Diamantina CrescentKaleen ACT 2617
Property Details for 109 Diamantina Cres, Kaleen
109 Diamantina Cres, Kaleen is a 6 bedroom, 4 bathroom House with 2 parking spaces and was built in 1975. The property has a land size of 981m2 and floor size of 156m2. While the property is not currently for sale or for rent, it was last sold in June 2016.
Last Listing description (September 2017)
If you've wanted to start an investment portfolio or already have one, then what a place to begin it or add to your existing list. With three cash producing dwellings on the one title, income will be the outcome when you purchase this investment diamond on Diamantina.
Currently let at a staggering $1,380 per week with only one set of outgoings, your return on investment here is fabulous. The property consists of a four bedroom ensuite home plus a purpose built freestanding one bedroom cottage and a self contained one bedroom flat Two of the the three tenancies are on long leases and the block of land is a magic 981m2.
Buy this now and reap the benefits of positive cash flow or live in one and rent the others out. Whatever you decide to do, from an investment perspective, you can't go wrong. Kaleen has long been an undervalued suburb and with the development of Lawson, coupled with the recent price spike in the Inner North, it is set to go off!
Features:
- Four bedroom ensuite home rented at $690 per week with approx 2 years left on the lease
- One bedroom, self contained flat rented at $360 per week with approx. 15 months left on the lease.
- One bedroom, freestanding cottage rented at $330 per week, leased until May this year
- Combined income of $1,380 per week with one set of rates and land tax
- Huge corner block of 981m2 in popular Kaleen
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Property History for 109 Diamantina Cres, Kaleen, ACT 2617
- 30 Jun 2016Sold for $802,500
- 11 Mar 2016Listed for Sale $800,000+
- 15 May 2015Listed for Rent $330 / week
Recent sales nearby
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0About Kaleen 2617
The size of Kaleen is approximately 6.0 square kilometres. It has 16 parks covering nearly 31.6% of total area. The population of Kaleen in 2016 was 7271 people. By 2021 the population was 7672 showing a population growth of 5.5% in the area during that time. The predominant age group in Kaleen is 30-39 years. Households in Kaleen are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kaleen work in a professional occupation.In 2021, 73.30% of the homes in Kaleen were owner-occupied compared with 74.60% in 2016.
Kaleen has 2,968 properties. Over the last 5 years, Houses in Kaleen have seen a 24.07% increase in median value, while Units have seen a 40.90% increase. As at 31 January 2026:
- The median value for Houses in Kaleen is $1,021,942 while the median value for Units is $618,497.
- Houses have a median rent of $700 while Units have a median rent of $580.
Suburb Insights for Kaleen 2617
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