Caloundra QLD 4551: Property Market Report & Real Estate Insights

Part of Sunshine Coast, QLD

Caloundra Real Estate Market Outlook

Thinking about buying in Caloundra? Now could not be a better time, with 5201 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $867,000 with prices in this suburb ranging from $220,000 to $4,019,000. Caloundra is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices

Living in Caloundra

In Caloundra there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Caloundra is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Caloundra changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in Caloundra necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Instant Property Valuation

Situated in the Sunshine Coast region of Queensland, Caloundra is a coastal town around 90 kilometres north of Brisbane. The name ‘Caloundra’ is taken from the language of the Kabi people who are indigenous to the area. With a population of over 50,000 people, it is a sizeable city with several large beaches (the largest of which is Golden Beach), a small regional airport (Caloundra Airport) with connections to the much larger Sunshine Coast airport for international travel. Caloundra has excellent facilities, including a public library and places of worship. Its proximity to the coast makes it a popular tourist destination, along with the many excellent cafes and bars found along the beachfronts. A theme park is located on the outskirts, and there is plenty of shopping venues along Bulcock Street, making Caloundra a beautiful, exciting place to be.

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