Suburb Profile Report for Caloundra West QLD (4551)

Caloundra West House: Median price $465,000, Annual capital growth 2.17%, Number of sales 224, Weekly median advertised rent $450

Caloundra West Unit: Median price $379,750, Annual capital growth 3.42%, Number of sales 40, Weekly median advertised rent $388

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Caloundra West 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 0.54%

The five-year average increase in median property values for Caloundra West,4551 has given property investors a potential capital gain of 22.37% across each of those five years.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -2.72% offered to property buyers. Sellers in Caloundra West itself are offering an average vendor discount of -1.11% to real estate investors.

In the last year 224 properties changed hands in Caloundra West, which puts it as the 40th most active market in QLD when comparing the number of sales per suburb.

The QLD suburb of Caloundra West, 4551 is in the Sunshine Coast local government area.

If you compare the increase in value of investment property in Caloundra West, 4551 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was 0.60%.

While Caloundra West,4551 ranked number 57th in QLD for increase in median house value (annualised) increase, it is ranked 76th over the last 5 years.

Metrics i HOUSE UNIT
$465,000 $379,750
0.00% 3.83%
0.54% 0.60%
2.17% 3.42%
$450 $388
224 40
5.03% 5.31%
17.54 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (H)
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Demographics
Total population 4065
Median household income ($/weekly) 1026
Median age of persons 35
Median housing loan repayment ($/monthly) 2136
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 687 16.9
    25-34 years 543 13.4
    35-44 years 623 15.3
    45-54 years 403 9.9
    65-74 years 414 10.2
    Others 1394 34.3
    Age Group
    Census Count Percent(%)
    Registered Married 1583 55.8
    Not Married 905 31.9
    Defacto Relationship 351 12.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 3046 76.9
    New Zealand 29 0.7
    Papua New Guinea 221 5.6
    United Kingdom 430 10.9
    Other 74 1.9
    Others 162 4.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 32 0.8
    Christianity 2791 72.7
    Hinduism 15 0.4
    Other Religious Groups 15 0.4
    No Religion 974 25.4
    Others 11 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 197 14.9
    $600-$799 171 12.9
    $800-$999 123 9.3
    $1,000-$1,249 148 11.2
    $1,500-$1,999 182 13.8
    Others 501 37.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1071 36.7
    Employed, worked full-time 1022 35.0
    Employed, worked part-time 605 20.7
    Unemployed, looking for work 131 4.5
    Employed, away from work 92 3.1
    Person Characteristics
  • Census Count Percent(%)
    Professionals 254 14.8
    Technicians & trades workers 289 16.8
    Community & personal service workers 233 13.6
    Clerical & administrative workers 254 14.8
    Sales 216 12.6
    Others 473 27.5
    Occupation
    Census Count Percent(%)
    Pre-school 57 6.0
    Infants/Primary 464 48.5
    Secondary 242 25.3
    Technical or Further Educational Institution 62 6.5
    University or other Tertiary Institutions 105 11.0
    Others 27 2.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3456 88.1
    Flat, unit or apartment 275 7.0
    Semi-detached, row or terrace house, townhouse 193 4.9
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 590 40.1
    Rented 452 30.7
    Fully owned 423 28.7
    Other tenure type 7 0.5
    Tenure Type
Census 2011, ABS
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