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Suburb Insights · VIC 3401

Kalkee, VIC 3401 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Kalkee is a regional centre in Victoria, Australia, with a population of approximately 48, making it a boutique locality. Located approximately 280 km from the Melbourne CBD, Kalkee is a regional area in Victoria. The median household income is $117,000 per year.

Investment Score

48 / 100 Moderate

Kalkee benefits from a high-income resident base, supporting premium property pricing. As a regional location, growth prospects depend on local economic conditions and infrastructure investment.

Location

Melbourne
Kalkee
Victoria · 3401
280 km from Melbourne CBD
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Key Indicators

Postcode
3401

Official Australia Post postcode for Kalkee. A postcode may cover multiple suburbs.

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Population
48

Usual resident population at the most recent census.

Median weekly rent
N/A

Weekly median rent for occupied homes. Live rental data integration coming soon.

Median household income
$117,000/yr

Annual median household income (before tax) across all households.

Distance to CBD
280 km

Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb.

Median monthly mortgage
$823/mo

Monthly median mortgage repayment for households currently paying off a mortgage.

Home type
58% houses

Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.

Investment Insight

Kalkee is a smaller community of 48 — about 1% of the Victoria suburb median (7,416) — so investors should factor in the narrower buyer pool and longer average time-on-market. Median household income of $117,000/year runs 23% above the Victoria suburb median of $95,160, indicating strong purchasing power and the type of demographic profile that tends to sustain premium property prices through market cycles. Kalkee is 280 km from Melbourne, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand. Only 58% of dwellings are separate houses (vs 78% state median), so this is a unit-heavy market where body-corporate decisions and strata supply meaningfully shape investor returns.

Kalkee vs Victoria Median

How Kalkee stacks up against the median of all Victoria suburbs in our dataset. Positive values mean Kalkee sits above the state median; negative means below.

MetricKalkeeVIC medianΔ vs state
Population487,416-99%
Median household income$117,000/yr$95,160/yr+23%
Median mortgage (monthly)$823$1,950-58%
Distance to CBD280 km32 km+775%
Separate houses58%78%-20pp

Investor Checklist

Pre-inspection briefing for Kalkee — every item is derived from public datasets, with full citations in our data sources page.

Investment Strategy

Buy & Hold

Limited buy-and-hold upside: a small population of 48 means liquidity is thin and capital growth tends to lag the wider Victoria market over full cycles.

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Rental Yield

Median rental data was not captured for Kalkee. Use current realestate.com.au and Domain listings to triangulate a realistic weekly rent before committing, then feed that number into our rental yield calculator.

Renovation / Flip

Only 58% of dwellings are separate houses (vs 78% VIC median) — this is a unit and townhouse market, where cosmetic flips struggle against body-corporate restrictions, thinner after-reno uplift and competing new supply.

Risk Factors

Run the numbers on a Kalkee property

Full Property Analysis

30-year projections for Kalkee

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital-growth expectations for Kalkee are modest for 2026 — incomes 23% above the VIC median of $95,160 and a population of 48 suggest gains will lag headline metro markets. Rental fundamentals will need to be verified against live listings, as a clean median rent was not recorded for Kalkee. The EquitySight investment score of 48/100 places Kalkee in the mid tier of Australian suburbs we profile, and overall investor sentiment is cautious heading into the second half of 2026.

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Frequently Asked Questions

Is Kalkee a good suburb for investment?

Kalkee scores 48/100 on our EquitySight investment framework — a moderate rating. That score is driven by a population of 48, median household income of $117,000/year. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.

What drives property demand in Kalkee?

The main demand drivers in Kalkee are an above-state-median household income of $117,000/year, a dwelling mix that is 58% separate houses, roughly 1 schools and 1 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.

What is the population of Kalkee?

Kalkee has a usual resident population of approximately 48, compared with a Victoria suburb median of 7,416 — placing it in the lower half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.

How far is Kalkee from the Melbourne CBD?

Kalkee sits 280 km straight-line from the Melbourne CBD. This is a regional market where CBD distance is only indicative — local industry diversity and commute alternatives matter more.

What is the median rent in Kalkee?

A reliable median rent was not captured for Kalkee. Benchmark expected weekly rent on realestate.com.au and Domain, or the state rental tribunal's rent dashboard. Most Australian investors target a 4–5% gross yield as a baseline.

What is the typical mortgage repayment in Kalkee?

The median monthly mortgage repayment in Kalkee is $823, or approximately $9,876/year (vs $1,950/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.

Is Kalkee cash-flow positive for investors?

Census data was not complete enough in Kalkee to compute a clean rent-to-mortgage coverage. Use current listings to benchmark weekly rent, then plug your expected purchase price into our rental yield calculator to see whether the investment runs cash-flow positive or negative.

What are the main risks of investing in Kalkee?

The main risks are a thin buyer pool (48 residents), interest-rate sensitivity on the $823 median mortgage, the broader Victoria market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.

How we built this Kalkee profile

Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.

Nearby Suburbs

Victoria Property Resources