Thinking about buying in Caravonica? Now could not be a better time, with 1198 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $735,000 with prices in this suburb ranging from $278,000 to $2,329,000. Caravonica is located fairly close to the coast at just 5Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Median Weekly Rent | $359.00 |
Median Monthly Mortgage | $1502.00 |
Median Persons Per Bedroom | 0.73 |
Average Household Size | 2.50 |
Average Age | 45.25 |
Average Income | $753.75 |
Average Cars Per Dwelling | 1.90 |
Average Properties Within 50M | 40 |
1 Bed  $379,000 |
2 Bed  $600,000 |
3 Bed  $619,000 |
4 Bed  $901,000 |
5 Bed  $985,000 |
6 Bed+$736,000 |
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Caravonica due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The high percentage of professional people in Caravonica classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Caravonica requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. 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.
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UNIT 30, KAMERUNGA VILLAS, 2-6 LAKE PLACID RD, CARAVONICA, QLD, 4878 |
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OFFERS IN THE LOW 400's/Best Offers before 8th Sep | ||
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7 WIRREGA CL, CARAVONICA, QLD, 4878 |
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Under Contract | ||
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6 TARANA CL, CARAVONICA, QLD, 4878 |
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Offers over $575,000 | ||
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42 VALMADRE ST, CARAVONICA, QLD, 4878 |
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Please Call |
Caravonica State School
Peace Lutheran College
(While the above schools are located with the suburb of Caravonica there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 13.8 | 24.1 | 31.8 | 61.1 | 94.1 | 3.7 | 21.2 |
Feb | 11.6 | 24.1 | 31.8 | 60.1 | 94.5 | 3.6 | 20.4 |
Mar | 11.6 | 23.9 | 31.2 | 61.8 | 94.1 | 3.8 | 19.3 |
Apr | 4.8 | 22.2 | 29.9 | 58.5 | 91.9 | 4.9 | 18.7 |
May | 2.8 | 20.0 | 28.0 | 55.4 | 90.5 | 5.2 | 16.9 |
Jun | 2.1 | 18.6 | 26.7 | 57.3 | 91.2 | 4.7 | 15.1 |
Jul | 1.3 | 17.9 | 26.4 | 53.0 | 89.5 | 4.8 | 16.7 |
Aug | 0.6 | 17.7 | 27.4 | 48.7 | 88.8 | 4.6 | 18.5 |
Sept | 1.0 | 19.1 | 28.8 | 48.8 | 89.7 | 4.4 | 21.9 |
Oct | 3.8 | 20.8 | 30.1 | 49.5 | 88.7 | 4.2 | 24.3 |
Nov | 2.2 | 22.6 | 31.5 | 51.9 | 89.7 | 4.1 | 24.7 |
Dec | 5.8 | 23.7 | 32.3 | 54.4 | 90.9 | 3.7 | 24.5 |
source: Australian Government Bureau of Meteorology
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