Kamerunga Real Estate Market Outlook
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 Kamerunga 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 Kamerunga 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 Kamerunga 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.
|4 CYCAS CL, KAMERUNGA, QLD, 4870||4||2||4||Sold|
Peace Lutheran College(While the above schools are located with the suburb of Kamerunga there may also be nearby schools whose catchments cover this suburb)
Local Crime Stats
Average Local Climate by month
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source: Australian Government Bureau of Meteorology
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