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Caloundra West
AREA REPORTS

Caloundra West

Caloundra West - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4551

house
unit

Property investments in CALOUNDRA WEST fare well against the rest of the country last year, registering a median home price increase of 28.05%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains CALOUNDRA WEST, 4551 saw average growth in the long term.

Real estate investors could earn a rental income of $530 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 13.8 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $662,000.

CALOUNDRA WEST ranks 393rd on the list of best yielding suburbs for rental properties in QLD, posting a 4.16% return.

Data report can be found below

Caloundra West
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $662,000 $466,250
GROWTH REPORT
Median Quarterly 7.12% 1.63%
Median 12 month 28.05% 20.63%
Median 3 years 32.4% 29.51%
Median 5 years 43.91% 25.5%
10 years average annual 5.95% 4.86%
Weekly media advert. rent $530 $425
Time on Market 13.8 days 12.2 days
Gross Rental Yield Percent 4.16% 4.74%
demographics (median values)*
Total Population
2210
Weekly Household Income
797.8
Household Size
2.50
Age
34
Monthly Loan Repayment
1517
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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