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Kelso suburb profile

Kelso is a picturesque suburb located on the eastern side of Bathurst in New South Wales, known for its blend of rural charm and suburban convenience. As one of the oldest settlements in the region, Kelso boasts a rich history and a strong sense of community. The suburb offers a mix of heritage homes and modern developments, catering to diverse lifestyles. With its proximity to the Macquarie River and scenic countryside, residents enjoy a tranquil environment while still having easy access to Bathurst's amenities, schools, and transport links. Kelso's appealing combination of history, natural beauty, and modern living makes it an attractive choice for families and individuals alike.

Kelso property market performance

Kelso’s property market has experienced notable changes over the past 12 months. House values have increased by 4.7%, with the median house price reaching $735,000. In contrast, unit values have surged by an impressive 48.3%, bringing the median unit price to $289,750, indicating a strong demand for units in the area.

Sales activity has been more robust for houses, with 47 sold in the past 12 months, compared to just 2 units. Houses are taking longer to sell, with a median of 64 days on the market, while units are moving faster at 50 days, reflecting a quicker turnover in the unit market.

The rental market in Kelso has seen moderate growth, with both house and unit rents increasing by 3.8% over the last 12 months. The average rent for houses is $550, while units average $405, suggesting a balanced demand across both property types.

Median price - houses$745KPast 3 months

Median price - units$290KPast 3 months

Change in value - houses4.6%12 months

Change in value - units48.3%12 months

Houses sold45Past 3 months

Units sold3Past 3 months

Median DOM - houses70Past 12 months

Median DOM - units50Past 12 months

Average rent - houses$560Past 12 months

Average rent - units$368Past 12 months

Change in rent - houses5.7%Past 12 months

Change in rent - units-5.8%Past 12 months

Kelso demographics

Kelso, located in the Bathurst region of New South Wales, offers a blend of suburban comfort and rural charm. With a population of 10,039, it is a community that balances family life with the tranquility of the countryside. The median age of 36 suggests a mature community, with many residents likely to be established in their careers and family lives. The suburb's proximity to Bathurst provides residents with access to a range of amenities and services, while still enjoying the peace of a smaller community.

The family-oriented nature of Kelso is evident, with 41.6% of households being couple families with children, and 36.6% being couple families without children. This indicates a strong presence of both young families and established couples. One-parent families make up 20.5% of the community, reflecting a diverse family structure. The suburb's housing market is characterized by a high rate of home ownership, with 32.6% of properties owned outright and 39.0% owned with a mortgage, suggesting a stable and committed community.

Rental properties account for 28.4% of the housing market, providing options for those seeking flexibility or temporary residence. The median total household income of $1,737 per week indicates a comfortable standard of living, aligning with the suburb's appeal to families and professionals. Kelso's community is supported by local schools, parks, and recreational facilities, making it an attractive location for those seeking a balanced lifestyle with the benefits of both urban and rural living.

Kelso infrastructure, key developments and investment opportunities

Kelso is experiencing several developments that may impact its property market. The ongoing expansion of the Bathurst Regional Council's industrial precinct in Kelso is attracting new businesses and creating job opportunities, potentially increasing demand for housing in the area. Additionally, the recent upgrades to the Kelso High Campus, part of the Denison College of Secondary Education, have enhanced local education facilities, which could appeal to families considering moving to the suburb.

Infrastructure improvements, such as the planned upgrades to the Great Western Highway between Kelso and Raglan, aim to enhance connectivity and reduce travel times to Bathurst CBD. This could increase the suburb's appeal for commuters. The ongoing development of new residential estates in Kelso, particularly in the Marsden Estate area, is expanding housing options and potentially influencing property values. These developments, combined with Kelso's proximity to Bathurst and its more affordable housing market, are likely to sustain interest from both investors and homebuyers in the area.

Kelso rental market trends

The rental market in Kelso has experienced modest growth, with both house and unit rents increasing by 3.8% over the past year. House rents have reached $550 per week, while unit rents are now $405 per week. This steady growth reflects a stable demand in the area, making Kelso an attractive option for renters seeking affordability and a balanced lifestyle.

Suburbs near Kelso

Some popular suburbs near Kelso include:

Common questions about Kelso

  • Is Kelso a nice place to live?

    Kelso is a delightful suburb that offers a harmonious blend of rural charm and suburban convenience, making it a wonderful place to live. Nestled on the eastern side of Bathurst, Kelso is known for its picturesque landscapes and a strong sense of community. The suburb is perfect for families, with its mix of heritage homes and modern developments catering to diverse lifestyles. Residents enjoy a peaceful environment with the added benefit of being close to Bathurst's amenities, including schools, shops, and transport links. The suburb's proximity to the Macquarie River and scenic countryside provides ample opportunities for outdoor activities and relaxation.

    Families will find Kelso particularly appealing due to its family-friendly atmosphere and the presence of local schools and parks. The suburb's community is supportive and welcoming, making it an ideal place for raising children. While Kelso offers a tranquil lifestyle, it does come with some trade-offs. The suburb may not have the bustling nightlife or extensive entertainment options found in larger urban areas, but it compensates with its serene environment and community-oriented vibe. Safety is generally not a concern, contributing to the suburb's appeal for families and individuals seeking a balanced lifestyle.

    For those who appreciate a quieter pace of life without sacrificing access to essential amenities, Kelso is a fantastic choice. The ongoing developments and infrastructure improvements in the area are likely to enhance its livability further, attracting more families and professionals. While the suburb may not offer the same level of excitement as a city center, its combination of natural beauty, community spirit, and convenience makes Kelso a charming and inviting place to call home.

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  • Is it expensive to live in Kelso?

    Living in Kelso can be considered moderately affordable, especially when compared to larger cities in New South Wales. The median house price is currently around $735,000, which is relatively reasonable compared to Sydney's soaring property market. For those interested in units, the median price is significantly lower at $289,750, offering a more budget-friendly option for homebuyers.

    Renting in Kelso is also quite manageable, with the average rent for houses being $550 per week and units at $405 per week. These rental prices are generally in line with the income levels in the area. The average annual wage in Kelso is about $92,000, which translates to a weekly income of approximately $1,769. This is slightly above the suburb's median total household income of $1,737 per week, suggesting that the cost of living is fairly balanced with the local earnings.

    Overall, Kelso offers a good mix of affordability and lifestyle, making it an attractive option for those who want to enjoy a more relaxed pace without the hefty price tag of city living. If you are thinking of living in Kelso, it’s a place where your income can comfortably support your housing needs, whether you’re buying or renting.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Kelso a good place to invest?

    Kelso is showing promising signs as a potential investment suburb, particularly for those interested in units. Over the past year, the median unit value has skyrocketed by an impressive 48.3%, indicating a strong demand and a rapidly appreciating market. This surge suggests that units in Kelso are becoming increasingly desirable, possibly due to affordability compared to houses or a growing interest in more compact living options.

    While the median house value has seen a more modest increase of 4.7%, this steady growth still reflects a stable market. The rental market in Kelso is also on the rise, with both houses and units experiencing a 3.8% increase in rent over the last year. This consistent rental growth is a positive sign for investors seeking reliable rental income.

    Overall, Kelso presents a unique opportunity for investment, especially in the unit market, which is experiencing significant appreciation. The combination of rising property values and rental income potential makes Kelso an attractive option for those looking to invest in a suburb with both immediate and long-term growth prospects.

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