Kallangur continues to offer great value for money in the Moreton Bay Region with the average 4 bedroom house renting for $420 per week.
Rents in Kallangur have changed marginally over the past 12 months, with the best increases occurring with townhouses and units. Based on RTA Queensland Quarterly Rent Data, there were no declines in rent for any property type over the past 12 months. 2 bedroom townhouses experienced the biggest rent increase (+4.4%) followed by 2 bedroom units having healthy rent increase (+3.6%). Rents for houses remained steady as shown in the table below.
| Current rental demand for this property type in this suburb | Average weekly rent payable for this property type | Difference in rent payable for this property type compared with 12 months ago | ||
|---|---|---|---|---|
| 4 Bedroom House | 37.9% | $420.00 | 0% | - |
| 3 Bedroom House | 17.7% | $370.00 | 0% | - |
| 3 Bedroom Townhouse | 21.4% | $350.00 | 2.2% | |
| 2 Bedroom Townhouse | 5.1% | $295.00 | 4.4% | |
| 2 Bedroom Unit | 3.0% | $290.00 | 3.6% |
Source: realestate.com.au | RTA Queensland Median Rents
The Moreton Bay Region has 51,275 rental properties. Consequently, Kallangur/Murrumba Downs/Dakabin accounts for 15% of all rental properties in the Moreton Bay Region.
Tenant demand by property type is highest for houses in Kallangur followed by 3 bedroom townhouses. The lowest tenant demand in Kallangur is for acreage properties.
Given almost 40% of rental applicants own pets, it is highly beneficial for landlords to have a fully fenced back yard if you allow pets at your property. Likewise, having a double garage or adding a covered car port can significantly increase the appeal of your property to tenants.
Source: realestate.com.au | 1Form
Kallangur is recognised as a suburb with many rental properties and affordable rents. Consequently, the area attracts many households with moderate income. 67% of rental applicants in Kallangur have incomes greater than $40,000 per annum, with almost 40% earning between $40,000 – $60,000 p.a.
Source: realestate.com.au | 1Form
Over 70% of rental applicants are employed.
Source: realestate.com.au | 1Form
The majority of tenancy applications for rental properties in Kallangur are from women aged between 20 – 40 years. Many applications are from young families, young adults in share households and also single parent families. Property features that are important to the majority of applicants include:
Source: realestate.com.au | 1Form
A small number of rental applicants in Kallangur (over 6%) are considering buying a home in the short term (the next 12 – 24 months). This intention to buy reflects the increasing number of rental property households in Kallangur earning higher incomes.
Given there are more than 7,800 rental properties in Kallangur/Murrumba Downs/Dakabin, this also means that at any one time there are more than 470 rental households in the Kallangur area looking to buy a home.
This trend is evident with more than 50% of investment properties being sold to first home buyers (Source: Affinity Property)
Affinity Property has helped thousands of clients buy, sell and manage their investment properties over the past 15 years. Below you will find our 7 Essential Tips for Renting Your Property Fast & Stress Free.
If you have an investment property in Kallangur we’re here to help you. Affinity Property has been managing rental properties in Kallangur for more than 10 years. We offer a comprehensive 100% Service Guarantee to our Landlords to ensure you get the best return for your Kallangur investment property. Recently our clients voted Affinity Property as the Best Property Manager in Kallangur.
Affinity Property pride ourselves on renting properties quickly for our landlords. We have very low days on market for rental properties and work extremely hard to maximise rental income for every landlord/client.
We have industry-leading digital marketing capabilities and generate a lot of tenant demand through social media, direct marketing and traditional real estate web-portals. A great rental department will advertise your rental property over a broad range of advertising platforms to ensure the greatest demand for your property.
Contact us today on (07) 3293 9100 to request a property management consultation regarding your property, or simply click ‘Request Appraisal’ below.
