Consistent high demand relative to supply is a key feature in Calder Park driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Calder Park ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Calder Park 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 Calder Park 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. Lower than average industry presence in Calder Park we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Calder Park a better buying opportunity than it may have been in the past.
None within suburb boundary(While the above schools are located with the suburb of Calder Park there may also be nearby schools whose catchments cover this suburb)
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source: Australian Government Bureau of Meteorology
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