Kelso suburb profile
Kelso is a suburban area located in the city of Townsville, Queensland, known for its family-friendly environment and scenic surroundings. Situated approximately 20km southwest of Townsville's central business district, Kelso offers residents a peaceful lifestyle with easy access to urban amenities. The suburb is characterized by its spacious residential properties, parks, and proximity to the Ross River, providing ample opportunities for outdoor activities. Kelso is popular among families and individuals seeking a quieter suburban setting while still being connected to the broader Townsville region. Its community-oriented atmosphere and natural beauty make it an appealing choice for those looking to settle in North Queensland.
Kelso property market performance
Kelso’s property market has experienced significant growth in house values over the past 12 months, with a remarkable increase of 24.6%, bringing the median house price to $500,000. In contrast, unit values have remained stable, with no change, and a median price of $164,000.
Sales activity has been robust for houses, with 83 sold in the past 12 months, while only 2 units were sold, indicating a stronger demand for houses. Houses are selling rapidly, with a median of just 11 days on the market, compared to 66 days for units, suggesting a slower unit market.
The rental market in Kelso has seen a notable increase in house rents, rising by 11.6% over the last 12 months, with an average rent of $480. Meanwhile, unit rents have remained unchanged, averaging $290, reflecting a stable demand in the unit rental sector.
Median price - houses$515KPast 3 months
Median price - units$164KPast 3 months
Change in value - houses29.6%12 months
Change in value - units-33.2%12 months
Houses sold71Past 3 months
Units sold1Past 3 months
Median DOM - houses12Past 12 months
Median DOM - units66Past 12 months
Average rent - houses$490Past 12 months
Average rent - units$290Past 12 months
Change in rent - houses11.4%Past 12 months
Change in rent - unitsN/APast 12 months
Kelso demographics
Kelso, located in the Townsville region of Queensland, is a suburb that offers a blend of suburban tranquility and family-friendly living. With a population of 10,599 and a median age of 34, Kelso is home to a diverse community that includes young families, professionals, and long-term residents. The suburb's proximity to the Ross River and various parks makes it an attractive location for those who enjoy outdoor activities and a relaxed lifestyle.
The housing market in Kelso is characterized by a significant proportion of home ownership, with 23.5% of properties owned outright and 43.8% owned with a mortgage. This indicates a stable community with many residents investing in their homes for the long term. Additionally, 32.7% of the properties are rented, providing options for those seeking more flexible living arrangements. The suburb's family-oriented nature is reflected in the household composition, with 39.7% of families being couples with children and 34.4% being couples without children.
Kelso's community is supported by local amenities, including schools, shopping centers, and recreational facilities, making it a convenient place for families to settle. The median total household income of $1,626 per week suggests a comfortable standard of living for its residents. Overall, Kelso offers a balanced lifestyle with its mix of home ownership, family-friendly environment, and access to natural and urban amenities, making it a desirable suburb for those looking to enjoy the best of both worlds.
Kelso infrastructure, key developments and investment opportunities
Kelso is experiencing several developments that may impact its property market. The expansion of the Riverway Drive corridor, including the recent completion of the Riverway Drive duplication project, has improved connectivity and reduced travel times to Townsville's CBD. This enhancement in infrastructure could potentially increase property values and attract new residents to the area.
The ongoing development of the Riverparks Estate is bringing new housing options and community facilities to Kelso, including planned parklands and future retail spaces. Additionally, the proximity to the Ross River Dam offers recreational opportunities for residents. These factors, combined with Kelso's relatively affordable housing market and family-friendly atmosphere, are likely to sustain interest in the suburb's property market and contribute to its gradual growth and development.
Kelso rental market trends
The rental market in Kelso has experienced moderate growth, with house rents increasing by 11.6% over the past year to $480 per week, while unit rents have remained stable at $290 per week. This stability in unit rents, combined with the rise in house rents, suggests a balanced market, making Kelso an attractive option for both renters and investors seeking steady returns in a suburban setting.
Suburbs near Kelso
Some popular suburbs near Kelso include: