Caloundra West is a mid-sized suburb in Queensland within the Sunshine Coast local government area (postcode 4551). With a population of 7,270, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $82K per year, with an average household size of 2.6 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Caloundra West is $770,000, having increased 4.1% over the past year. Units have a median price of $650,000 (+2.4% YoY). The current median weekly rent is $720. This gives a gross rental yield of approximately 4.9%. The median monthly mortgage repayment is $1,842.
Caloundra West is served by 1 school, including 1 combined. The average ICSEA score is 1065, which is above the national average of 1,000. Public transport access includes 19 bus stops. The crime rate in the Sunshine Coast LGA is below average at 3,765 incidents per 100,000 population.
From an investment perspective, Caloundra West offers a gross rental yield of 4.9%, rated as moderate yield. Property prices are near the state median ($770K/$1.1M). The price-to-income ratio of 9.4x is considered moderate. House prices have moved +4.1% year-on-year.
Caloundra West is a mid-sized suburb in Queensland within the Sunshine Coast local government area (postcode 4551). With a population of 7,270, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $82K per year, with an average household size of 2.6 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Caloundra West is $770,000, having increased 4.1% over the past year. Units have a median price of $650,000 (+2.4% YoY). The current median weekly rent is $720. This gives a gross rental yield of approximately 4.9%. The median monthly mortgage repayment is $1,842.
Caloundra West is served by 1 school, including 1 combined. The average ICSEA score is 1065, which is above the national average of 1,000. Public transport access includes 19 bus stops. The crime rate in the Sunshine Coast LGA is below average at 3,765 incidents per 100,000 population.
From an investment perspective, Caloundra West offers a gross rental yield of 4.9%, rated as moderate yield. Property prices are near the state median ($770K/$1.1M). The price-to-income ratio of 9.4x is considered moderate. House prices have moved +4.1% year-on-year.