Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $940,000.
The upward trend in home prices in CALOUNDRA, 4551 averaged 8.44% per annum over a 3-year period.
Average weekly rents on listings have reached the $720 mark, reflecting a 3.98% increase in returns based on the current median price in CALOUNDRA.
An average of 12.25 real estate transactions take place per month in CALOUNDRA which translates to 147 per annum.
147 properties were sold in CALOUNDRA in 2016, making it the 303rd most active market in QLD based on total real estate transactions.
CALOUNDRA, 4551 places 322nd in Australia based on median property value growth during the quarter.
The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $730,000.
Average median unit prices in QLD have risen as a whole, pulling CALOUNDRA, 4551 values up and netting property investors a capital gain of 11.62% for the past year.
Investors saw the median home price rise to $730,000.
The upward trend in home prices in CALOUNDRA, 4551 averaged 11.11% per annum over a 3-year period.
CALOUNDRA now ranks at the 62nd place on a list of fastest growing suburbs in the territory.
Figures from the previous quarter show that capital gains for real estate buyers in CALOUNDRA are low, as opposed to average gains per annum over the past five years.
Real estate investors could earn a rental income of N/A based on current median home prices for the suburb.
It is expected for properties to spend some time on the market prior to a successful sale. In CALOUNDRA, homes and units usually stay on listing for an average of N/A.
12 properties were sold in CALOUNDRA in 2016, making it the 374th most active market in QLD based on total real estate transactions.