The suburb’s capital gain of 2.82% for the past year is lower than average compared to its 105.65% growth within a five-year period.
Also in CALAMVALE, the median home price is sitting at $1,275,000, and the average rent at $720, this suggests property owners could potentially earn a 2.94% increase in gross rental yield.
Property investors have seen a 3.57% gain in CALAMVALE based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 7.91% growth over a ten-year period. It ranks 1284th on our list of suburbs that property investors should look into.
Calamvale is a southern city in Brisbane, Queensland, Australia. It iscated approximately 17 kilometres from the city's central business district (CBD).
According to the 2021 census, Calamvale had 17,994 residents, with a median age of 36.
Calamvale was named after James Calam, an early settler and prominent landowner. The Calam family built their homestead on a hill at the top of Calam Road near Beaudesert Road. The area was known as Calamvale long before officially being listed as a suburb in 1972. In 1984, the Calams sold the homestead to the McGuire family, who built the Calamvale Hotel on the land.
Calamvale hosts several educational institutions, including Calamvale Community College, a government school offering education from Prep to Year 12, and Calamvale Special School, which provides specialised education for students with specific needs.
Calamvale is known for its family-friendly environment, featuring parks, shopping centres, and proximity to public transport. The suburb offers a peaceful atmosphere while conveniently located near major roads, providing easy access to the city and surrounding areas.
As of recent reports, Calamvale has a diverse property market with a range of housing options. The suburb has experienced population growth, indicating a steady demand for housing.
Calamvale's blend of suburban tranquillity, educational facilities, and accessibility to Brisbane's CBD makes it desirable for families and professionals seeking a balanced lifestyle.