The suburb’s capital gain of 1.52% for the past year is lower than average compared to its 34.2% growth within a five-year period.
Also in CALAMVALE, the median home price is sitting at $670,000, and the average rent at $450, this suggests property owners could potentially earn a 3.49% increase in gross rental yield.
Property investors have seen a 0.08% 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 4.62% growth over a ten-year period. It ranks 1738th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||1.52%||-2.21%|
|Median 3 years||20.72%||4.33%|
|Median 5 years||34.2%||4.47%|
|10 years average annual||4.62%||2.57%|
|Weekly media advert. rent||$450||$385|
|Time on Market||56.1 days||80.8 days|
|Gross Rental Yield Percent||3.49%||5.06%|