Can co-living solve housing affordability?
Key global cities, including New York, London, Tokyo and Singapore, are attempting to solve housing affordability through co-living arrangem...
The suburb’s capital gain of -2.18% for the past year is lower than average compared to its 16.23% growth within a five-year period.
Also in CALAMVALE, the median home price is sitting at $648,000, and the average rent at $460, this suggests property owners could potentially earn a 3.69% increase in gross rental yield.
Property investors have seen a -0.31% drop in CALAMVALE based on a decrease 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 3.14% growth over a ten-year period. It ranks 2379th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $648,000 | $343,000 |
| GROWTH REPORT | ||
| Median Quarterly | -0.31% | 0.29% |
| Median 12 month | -2.18% | -0.51% |
| Median 3 years | -2.67% | -12.5% |
| Median 5 years | 16.23% | -10.42% |
| 10 years average annual | 3.14% | -0.27% |
| Weekly media advert. rent | $460 | $400 |
| Time on Market | 63.7 days | 84.0 days |
| Gross Rental Yield Percent | 3.69% | 6.06% |
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