Suburb Profile Report for Calamvale QLD (4116)

Calamvale House: Median price $663,000, Annual capital growth 2.95%, Number of sales 156, Weekly median advertised rent $480

Calamvale Unit: Median price $350,000, Annual capital growth -0.50%, Number of sales 145, Weekly median advertised rent $400

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

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  • House Report
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If you compare the increase in value of investment property in Calamvale, 4116 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was 1.84%.

Taking the average capital gain, or increase in median house value, Calamvale,4116 has racked up an average of 1.84% over the period. This ranks it number 4024th in the whole country for real estate investors looking at median house price increases.

LACK OF BUYER INTEREST may well be the reason that Calamvale is offering property investors an average of -4.90. This rate of discount on properties puts Suburb at number 191th in terms of most discounted suburbs in QLD

Advertised rents are around the $480 mark per week – giving a return of 3.76% based on the median price in Suburb

At number 1224th 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 0.86% recorded in median house prices.

A -12.83% growth in median value for property investors in Calamvale,4116 puts this suburb at number 269th in terms of best performing suburbs in QLD

The most recent median price for Calamvale is $350000, with sellers offering an average of -3.63% off the asking price.

In the last year 145 properties changed hands in Calamvale, which puts it as the 58th most active market in QLD when comparing the number of sales per suburb.

A $400 per week rent on the median house gives suburb investors a gross yield of circa 5.94%, without taking into account capital value appreciation, which has been averaging out at -0.50%.

YIP MAG Information supplied by:

YIP MAG
July 2015

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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.
Metrics i HOUSE UNIT
$663,000 $350,000
1.77% 0.00%
1.84% 0.86%
2.95% -0.50%
$480 $400
156 145
3.76% 5.94%
52.8272727272727 55.7857142857143

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Very good (U), Above average (H)
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Demographics
Total population 15291
Median household income ($/weekly) 1605
Median age of persons 31
Median housing loan repayment ($/monthly) 2000
Average household size 3.1
  • Census Count Percent(%)
    5-14 years 1951 12.8
    25-34 years 2984 19.5
    35-44 years 2210 14.5
    45-54 years 1871 12.2
    55-64 years 1511 9.9
    Others 4764 31.2
    Age Group
    Census Count Percent(%)
    Registered Married 6178 53.8
    Not Married 4490 39.1
    Defacto Relationship 810 7.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 6775 46.6
    Croatia 1268 8.7
    Papua New Guinea 794 5.5
    United Kingdom 512 3.5
    Other 1626 11.2
    Others 3576 24.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 1217 8.7
    Christianity 7843 55.8
    Hinduism 603 4.3
    Islam 607 4.3
    No Religion 3445 24.5
    Others 336 2.4
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 401 9.3
    $1,250-$1,499 415 9.7
    $1,500-$1,999 692 16.1
    $2,000-$2,499 550 12.8
    $2,500-$2,999 446 10.4
    Others 1793 41.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 5072 43.6
    Not in the labour force 3329 28.6
    Employed, worked part-time 2234 19.2
    Unemployed, looking for work 554 4.8
    Employed, away from work 440 3.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 816 10.5
    Professionals 1829 23.6
    Technicians & trades workers 959 12.4
    Clerical & administrative workers 1345 17.4
    Sales 833 10.8
    Others 1966 25.4
    Occupation
    Census Count Percent(%)
    Pre-school 198 4.8
    Infants/Primary 1217 29.7
    Secondary 1049 25.6
    Technical or Further Educational Institution 396 9.6
    University or other Tertiary Institutions 1132 27.6
    Others 112 2.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 11086 75.5
    Semi-detached, row or terrace house, townhouse 2942 20.0
    Flat, unit or apartment 652 4.4
    House or flat attached to a shop, office 5 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 2139 45.4
    Rented 1399 29.7
    Fully owned 1156 24.5
    Other tenure type 18 0.4
    Tenure Type
Census 2011, ABS
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