Calamvale has had a quite poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of 0.90% to date .
Over the longer term, Calamvale has seen property prices show investors a 19.29% return over the last 3 years. This is worse than over the last 12 months
In the last year 171 properties changed hands in Calamvale, which puts it as the 83th most active market in QLD when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $5400 per annum or $450 every week.
Calamvale is an average performer in QLD when comparing median price capital growth over the last year. Calamvale gave property investors a average capital gain figure when compared to the rest of the state, with -1.02%.
The five-year average increase in median property values for Calamvale,4116 has given property investors a potential capital gain of 6.11% across each of those five years.
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.Full summary
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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.Close