You are reading Calamvale ancestry profile
Calamvale suburb profile: Calamvale has a high percentage of people from Chinese background. In fact a total of 5,463 have reported to have one or two parents of Chinese background. Thereafter, the next most common ancestry reported is English, with a total of 2,817 people reporting to have one or two parents from English background. Further, the third most common ancestry reported in Calamvale is Australian with a reported number of 2,279 residents reporting parents from this background.
Finally, the forth and fifth most reported ancestries are Indian and Irish reporting respectively 1,343 and 764. You can obtain further details by heading to HTML: https://securedatapower.com/blog/2019/02/16/interactive-suburb-profile/.
For example, below graph depicts the ancestries reported in this subrub:
Income and wealth profile for Calamvale
From the wealth perspective Calamvale can be considered a very low icome level suburb. While the majority of people in this suburb earn in vicinity of $1,000-$1,249. That is not to say, that all people have to be in that income bracket. For example, we estimate that roughly 4.43% of people in this suburb earn above average income. In other words, we estimate that to be over $3,000 Total Personal Income (Weekly).
At the same time, 32.96% of people in this suburb earn the bottom range of income. To clarify, we estimate that to be in surrounds of $1,000-$1,249 of Total Personal Income (Weekly).
For example, below graph would show the distribution of income in the area:
Generally speaking, the income composition of this suburb could mean that this suburb has a chance of low to very low capital gains in medium to long term. This is however is not a blanket statement and each property needs to be analysed. Property investors are cautioned to perform appropriate due diligence and analyse the type, location and suitability of their property of choice To request further information, you can head to https://securedatapower.com/blog/2019/01/02/general-contact-form/
Below table will show the top most reported ancestry backgrounds in Calamvale
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