Calwell is in the bottom 20% in ACT when comparing median price capital growth over the last year. Calwell gave property investors a dismal capital gain figure when compared to the rest of the state, with -3.33%.
Calwell,2905 was ranked 2087 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Calwell is offering property investors an average of -4.58. This rate of discount on properties puts Suburb at number 17th in terms of most discounted suburbs in ACT
On average over the past year, suburb has had 7.17 sales per month, which equates to 86 per year.
Investment property in Calwell 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 -2.44%
Over the longer term, Calwell has seen property prices show investors a 9.59% return over the last 3 years. This is worse than over the last 12 months
Using the current median advertised rental of $430 and the average annual increase in value of a median property of 1.53%, investors should hope to achieve an overall return of 5.59%