Camira has had a pretty good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 3.69% to date .
Camira,4300 was ranked 1746 in Australia by increase in median property value over the quarter.
Property buyers and investors in Camira 4300 should be seeing an average reduction in asking price of around -5.44% . This means that Camira is holding prices well when compared to other suburbs in QLD.
On average over the past year, suburb has had 9.33 sales per month, which equates to 112 per year.
Sitting comfortably near Springfield Lakes, the suburb of Camira is well liked by residents for its recreational facilities, including sports fields and picnic areas, and quiet atmosphereFull summary
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Looking good for the present
Median house price: $412,500
Three-year growth: 17.9%
Rental yield: 4.5%
Sitting comfortably near Springfield Lakes, the suburb of Camira is well liked by residents for its recreational facilities, including sports fields and picnic areas, and quiet atmosphere.
This area has been on a strong run of growth, due in part to the affordability of the house market. However, price increases did slow considerably in the year to 2018, so long-term investors may want to keep an eye on market movement. Rents are low at under $400 per week, with landlords able to gain reasonable returns.
Camira is bordered by bushland, and residents are able to buy houses on large blocks of land. The suburb is well served by being located right in the middle of excellent shopping areas like the St Ives shopping centre in nearby Goodna. Moreover, neighbouring Springfield houses medical centres, supermarkets and restaurants.Close