Suburb Profile Report for Caloundra West QLD (4551)

Caloundra West House: Median price $460,000, Annual capital growth 2.30%, Number of sales 241, Weekly median advertised rent $450

Caloundra West Unit: Median price $365,250, Annual capital growth 3.71%, Number of sales 56, Weekly median advertised rent $390

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Caloundra West has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 1.43%

Comparing Caloundra West,4551 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Caloundra West, 4551. Typically our figures indicate that -3.59% is being offered, which puts this QLD suburb at 3282th most discounted overall in Australia.

At number 1755 in a list of fastest selling suburbs, Caloundra West is just in the top half of suburbs in Australia with an average of days on market 75.82 for properties listed there.

Advertised rents are around the $450 mark per week – giving a return of 5.09% based on the median price in Suburb

Property value increases in Caloundra West have tracked just lower than the QLD average of 0.66% over the last 12 months.

If we look at median property appreciation over just the last three months, Caloundra West has given property investors a paper return of -2.60%. This puts Suburb as 287 on a list of fastest fasting appreciating suburbs in QLD

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Caloundra West, 4551. Typically our figures indicate that -3.73% is being offered, which puts this QLD suburb at 1117th most discounted overall in Australia.

In the last year 56 properties changed hands in Caloundra West, which puts it as the 160th most active market in QLD when comparing the number of sales per suburb.

Renters in Suburb are facing rents around $4680 per annum or $390 every week.

Metrics i HOUSE UNIT
$460,000 $365,250
0.00% -2.60%
1.43% -2.60%
2.30% 3.71%
$450 $390
241 56
5.09% 5.55%
75.82 99.77

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (H)
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Demographics
Total population 4065
Median household income ($/weekly) 1026
Median age of persons 35
Median housing loan repayment ($/monthly) 2136
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 687 16.9
    25-34 years 543 13.4
    35-44 years 623 15.3
    45-54 years 403 9.9
    65-74 years 414 10.2
    Others 1394 34.3
    Age Group
    Census Count Percent(%)
    Registered Married 1583 55.8
    Not Married 905 31.9
    Defacto Relationship 351 12.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 3046 76.9
    New Zealand 29 0.7
    Papua New Guinea 221 5.6
    United Kingdom 430 10.9
    Other 74 1.9
    Others 162 4.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 32 0.8
    Christianity 2791 72.7
    Hinduism 15 0.4
    Other Religious Groups 15 0.4
    No Religion 974 25.4
    Others 11 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 197 14.9
    $600-$799 171 12.9
    $800-$999 123 9.3
    $1,000-$1,249 148 11.2
    $1,500-$1,999 182 13.8
    Others 501 37.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1071 36.7
    Employed, worked full-time 1022 35.0
    Employed, worked part-time 605 20.7
    Unemployed, looking for work 131 4.5
    Employed, away from work 92 3.1
    Person Characteristics
  • Census Count Percent(%)
    Professionals 254 14.8
    Technicians & trades workers 289 16.8
    Community & personal service workers 233 13.6
    Clerical & administrative workers 254 14.8
    Sales 216 12.6
    Others 473 27.5
    Occupation
    Census Count Percent(%)
    Pre-school 57 6.0
    Infants/Primary 464 48.5
    Secondary 242 25.3
    Technical or Further Educational Institution 62 6.5
    University or other Tertiary Institutions 105 11.0
    Others 27 2.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3456 88.1
    Flat, unit or apartment 275 7.0
    Semi-detached, row or terrace house, townhouse 193 4.9
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 590 40.1
    Rented 452 30.7
    Fully owned 423 28.7
    Other tenure type 7 0.5
    Tenure Type
Census 2011, ABS
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Recent sales & rentals