Caloundra is in the TOP 10% in QLD when comparing median price capital growth over the last year. Caloundra gave property investors a very good capital gain figure when compared to the rest of the state, with 25.57%.
When looking at the potential capital gains offered to property investors over the last 3 years, Caloundra comes in at number 62th in QLD.
Vendor discounting in Caloundra is giving property investors an average Vendor Discount of around -10.97%. This puts suburb at number 97th in QLD when ranking the most discounted suburbs.
Using the current median advertised rental of $397.5 and the average annual increase in value of a median property of 3.25%, investors should hope to achieve an overall return of 3.76%
At number 1220th in the list of Australian suburbs ordered by increase in median house value over the last year, Caloundra, 4551 is in the BOTTOM 30% with a property value increase of -1.32% recorded in median house prices.
Over the longer term, Caloundra has seen property prices show investors a 7.14% return over the last 3 years. This is worse than over the last 12 months
Property investors looking for a bargain in Caloundra should be aiming for at least -6.10% off the asking price, which is the average vendor discount being achieved at the moment.