Caloundra West, 4551 ranked 566th 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
A 23.08% growth in median value for property investors in Caloundra West,4551 puts this suburb at number 457th in terms of best performing suburbs in QLD
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.86% offered to property buyers. Sellers in Caloundra West itself are offering an average vendor discount of -3.43% to real estate investors.
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 2.05%.
Property investors who have had real estate in Caloundra West, 4551 should be relatively unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -2.99%
Caloundra West,4551 has offered an average of -2.99% return per annum in house price rises to property investors over the last three years.
Vendor discounting in Caloundra West is giving property investors an average Vendor Discount of around -4.12%. This puts suburb at number 258th in QLD when ranking the most discounted suburbs.
On average over the past year, suburb has had 3.67 sales per month, which equates to 44 per year.
Using the current median advertised rental of $385 and the average annual increase in value of a median property of 3.38%, investors should hope to achieve an overall return of 5.37%