Calamia is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2460). With a population of 24, the suburb has a mature demographic with a median age of 54. Households earn a median income of $47K per year, with an average household size of 1.5 people. The top ancestries reported are English, Australian, Aboriginal Australian.
The median house price in Calamia is $320,000, having dropped significantly 58.4% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 7.8%.
The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Calamia offers a gross rental yield of 7.8%, rated as high yield. Property prices sit below the state median ($320K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 6.8x is considered moderate. House prices have moved -58.4% year-on-year.
Calamia is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2460). With a population of 24, the suburb has a mature demographic with a median age of 54. Households earn a median income of $47K per year, with an average household size of 1.5 people. The top ancestries reported are English, Australian, Aboriginal Australian.
The median house price in Calamia is $320,000, having dropped significantly 58.4% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 7.8%.
The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Calamia offers a gross rental yield of 7.8%, rated as high yield. Property prices sit below the state median ($320K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 6.8x is considered moderate. House prices have moved -58.4% year-on-year.