Calliope QLD Is Prime For Investment In The Next 2-3 Months

Calliope is showing all the right trends to potentially have high capital growth in the next 3-5 years however beware of the dangers of investing in Gladstone LGA.

Suburb Details:

Online data shows early indicators of a rising market with many positive trends for Calliope. At the moment there are properties available on Domain & Real-estate for under $450,000 but as this market becomes hotter I expect the the majority of properties to be close to $500,000. Calliope is a 20 minute drive from Gladstone Central which is the central regional hub of that area. Investors are currently purchasing property all throughout Gladstone but are forgetting about its nearby suburb Calliope. This suburb is for investors with a higher risk tolerance (on their 3rd or 4rth investment property) however can make substantial gains if they purchased the right house in the area.

Prices in Calliope are steadily growing and the positive trends like days on market, stock on market, vacancy rates & median prices need to be monitored in the next 2-3 months to confirm that Calliope is a rising market.

Key Data Metrics

Location & Infrastructure

Calliope is only 20 minutes to Gladstone CBD by car however there is no form of other public transport towards the regional hub. Dawson highway runs through the centre of Calliope which connects up towards Gladstone. There two schools within the area to support the education of primary and high school students (Calliope State School). “Drakes” is the only major shopping centre in the suburb and a handful of restaurants around the area. In terms of recreation they have a golf club, country club, skate park and a handful of parks around the area. The nearest major hospital and airport is in Gladstone which is about a 20 minute drive. Calliope does not have strong infrastructure within its suburb itself but as it is nearby to Gladstone so we can be a little flexible on this factor.

Other Important Factors:

Despite Calliope not having strong infrastructure projects in the area nearby Gladstone has strong infrastructure projects currently underway. This will have a flow on effect to keep the people in Calliope employed for the short term. Tradies predominately dominate the workforce in Calliope hence most of them will stay employed for the foreseeable future.

One issue with Calliope is the large amounts of developable land within its area. If a large influx of supply were to enter the market it can dampen prices, however, there have been virtually zero building approvals for residential building in the past year in Calliope so in the short term this is nothing to be concerned about.

Days on market, stock on market & average vendor discounting are all trending downwards. These early indicators are signs that the market in Calliope is heating up and prime for investment after 2 months. Apart from that rental growth has been increasing in 2022 and will continue to grow as demand increase and supply stagnates.

Nearby Major Projects:

• $500M Gladstone Solar Farm Ignites Queensland's Green Future.

• $983m Fitzroy to Gladstone Pipeline project.

• Critical Minerals Interests With $300m project

Example Property:

_{*Note: These calculations are purely estimations, but overall numbers will vary depending on your deposit, interest rates and other factors.}

Pro’s Of Investing In Calliope

• Dropping trends of days on market, stock on market & average vendor discounting.

• Rental & Mortgage payments under 30% of household income (no mortgage stress).

• Strong infrastructure projects in Gladstone that will have a trickle effect for Calliope.

• Easy access to airport, only 20 minutes to Gladstone airport.

• Away from major flood zones & bushfire areas.

• Low to virtually zero building approvals.

Con’s Of Investing In Calliope

• Gladstone is known to be a cyclical market.

• Still early to invest in Calliope, wait 2-3 months.

• Large amounts of developable supply within the area.

• Most properties are near the highway, greater traffic noise.

• 20 minutes away from the regional hub of Gladstone.

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_{Disclaimer: The information provided in this article is for educational and informational purposes only. It is not intended as financial, legal, or professional advice. Always do your own research and consult with a qualified professional before making any decisions. The opinions expressed here are solely those of the speaker and do not reflect the opinions or views of any other organization. By using this information, you agree that the creator of this content is not responsible for any financial or other losses you might incur.}