At number 3085th in the list of Australian suburbs ordered by increase in median house value over the last year, Calamvale, 4116 is in the BOTTOM 30% with a property value increase of -4.44% recorded in median house prices.
Calamvale,4116 was ranked 3215 in Australia by increase in median property value over the quarter.
Property investors looking for a bargain in Calamvale should be aiming for at least -4.96% off the asking price, which is the average vendor discount being achieved at the moment.
The QLD suburb of Calamvale, 4116 is in the Brisbane (C) local government area.
QLD has seen average median house prices change by 0.65% which means that Calamvale, 4116 has done well for property investors by showing a capital gain of -0.59% over the last year
If we look at median property appreciation over just the last three months, Calamvale has given property investors a paper return of 0.89%. This puts Suburb as 130 on a list of fastest fasting appreciating suburbs in QLD
Calamvale, 4116 is offering QLD ‘s 78th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this QLD.
Often selling an investment property can take time, and in Calamvale the average time real estate has been on the market is 79.9677 days.
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Calamvale is a big suburb and the most populated in the greater Brisbane area, yet it is also renowned for being quiet, peaceful and family-friendly.
Transport options to the city (18km away) are convenient thanks to the Logan Motorway, regular buses and the nearby train stations.
Current demand for the area is indicated by the fact that houses typically spend just 44 days on the market, which is a much quicker turnover than many suburbs nearby.
The vacancy rate is also a tight 1.51%, according to Real Estate Investar.
This demand is already translating into capital growth, as the median price of houses has grown by 6% in the past 12 months.
Three- or four-bedroom houses on Bowerbird Pl and Fig Tree St are located on cul-de-sacs which are a sought-after part of Calamvale.
They are very close to shops, schools and public transport to the city.
They can be bought there for less than $520,000.
Top amenities: Calamvale Marketplace, Stretton College, Sunnybank Hills Shopping Centre, Sunnybank Primary, Calamvale Community College, easy access to Gateway and Logan motorways, Grand Plaza Cinemas and shopping centre, Runcorn Heights Primary
Public transport: Multiple bus routes, Altandi, & Runcorn train stations.
Main arteries: Very well established car, bus and rail transport infrastructure including the existing Logan motorway, offering ready access to both the Gateway motorway and Centenary highway. Close proximity to existing rail stations at Runcorn and Altandi.