Giving property investors a a poor capital gain of -2.15% for the last year, Carina Heights, 4152 is the 3358th highest performer in Australia in this respect.
Over the longer term, Carina Heights has seen property prices show investors a 18.76% return over the last 3 years. This is worse than over the last 12 months
Property buyers and investors in Carina Heights 4152 should be seeing an average reduction in asking price of around -4.20% . This means that Carina Heights is holding prices well when compared to other suburbs in QLD.
At number 125 in a list of fastest selling suburbs, Carina Heights is in the TOP 10% of suburbs in Australia with an average of days on market 28.95 for properties listed there.
With the median price for a house in Carina Heights being $693250 and the advertised rent reaching $440 the gross rental yield for property investors calculates out to be 3.30%
QLD has seen average median house prices change by -0.06% which means that Carina Heights, 4152 has not done well for property investors by showing a capital gain of 0.44% over the last year
Carina Heights,4152 has offered an average of 0.44% return per annum in house price rises to property investors over the last three years.
Property investors looking for a bargain in Carina Heights should be aiming for at least -3.98% off the asking price, which is the average vendor discount being achieved at the moment.
A $425 per week rent on the median house gives suburb investors a gross yield of circa 4.80%, without taking into account capital value appreciation, which has been averaging out at 2.51%.