Caloundra West, 4551 ranked 479th in QLD when comparing growth in median property values or capital gain over the last 12 months. Caloundra West is one of 2415 in our list for QLD
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Caloundra West has increased when compared to the 5 year average annual rate.
Vendor discounting in Caloundra West is giving property investors an average Vendor Discount of around -3.61%. This puts suburb at number 799th in QLD when ranking the most discounted suburbs.
In the last year 235 properties changed hands in Caloundra West, which puts it as the 36th most active market in QLD when comparing the number of sales per suburb.
A $450 per week rent on the median house gives suburb investors a gross yield of circa 5.09%, without taking into account capital value appreciation, which has been averaging out at 2.47%.
Investment property in Caloundra West has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 0.66%
Caloundra West,4551 has offered an average of 0.66% return per annum in house price rises to property investors over the last three years.
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 -3.66% is being offered, which puts this QLD suburb at 1160th most discounted overall in Australia.
Often selling an investment property can take time, and in Caloundra West the average time real estate has been on the market is 91.84 days.
With the median price for a house in Caloundra West being $380000 and the advertised rent reaching $385 the gross rental yield for property investors calculates out to be 5.27%