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Apart from your usual IP DD, just check for any BC special levies in place to raise funds for any possible upcoming works within the complex. In relation to your 2nd question, what does your chosen investment strategy determine your purchasing criteria to be - villas/townhouses and/or houses...

I take it you are investing for long term CG? If so, what do you think the CG comparison between Calamvale & an Apartment in CBD is like? Secondly also ask yourself, why would Calamvale's price tag be close to an apartment in the Brisbane cbd ? I hope this provides some food for thought.

I couldnt tell you without conducting some due diligence, however I can tell you google is your friend. :)

There is strong rental & owner occupier demand for the area. It is adjacent to main arterial roads north into Brisbane CBD & south to Gold Coast, public transport, major shopping areas, high employment area, excellent educational, medical & recreational facilities.

Calamvale ticks boxes for middle class marketplace for a mid to long term CG investment strategy. I would definitely stay clear of OTP type investment though due to the higher risk exposure. Some good quality, well located established buys in the area though.