All About Calwell, Unincorporated ACT, ACT, 2905

Calwell, a suburb in the Unincorporated Area of the Australian Capital Territory (ACT), offers a unique perspective on the region's housing market. As is the case with many suburban areas surrounding Canberra, Calwell has experienced a steady increase in demand for residential properties, driven largely by its family-friendly environment and relative affordability compared to other parts of the ACT. The housing market in Calwell is characterized by a mix of detached homes, townhouses, and some units, catering to a diverse demographic that includes young families, professionals, and retirees. With the steady growth of Canberra's greater metropolitan area, Calwell has seen an uptick in new developments and infrastructure improvements, which are appealing to prospective buyers and investors looking for promising long-term returns.

Living in Calwell is generally attractive to those who appreciate a balance between suburban tranquility and accessibility to city amenities. The suburb boasts a range of local amenities, including schools, parks, shopping centers, and medical facilities, making it a convenient choice for families. The sense of community is strong in Calwell, with numerous community events and activities that foster a welcoming and inclusive atmosphere. Residents enjoy the scenic backdrop of the Tuggeranong Hill Nature Reserve, offering outdoor enthusiasts plenty of opportunities for hiking and wildlife observation. Additionally, the suburb is well-connected by public transport and major roads, ensuring that the hustle and bustle of Canberra city remains just a short drive away. Overall, living in Calwell provides a comfortable and nurturing environment with the added benefit of being part of the dynamic Canberra region.

Calwell Real Estate Market Outlook

Thinking about buying in Calwell? Now could not be a better time, with 2393 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $847,000 with prices in this suburb ranging from $59,000 to $7,128,000. The aproximate distance to the coast is 100 Km.

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. Incomes in Calwell are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Calwell 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. Medium density in Calwell 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

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Public Transport

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General Points of Interest

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