Property investors who have had real estate in Carina Heights, 4152 should be relatively unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -1.62%
If we look at median property appreciation over just the last three months, Carina Heights has given property investors a paper return of -0.55%. This puts Suburb as 573 on a list of fastest fasting appreciating suburbs in QLD
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Carina Heights, 4152. Typically our figures indicate that -4.82% is being offered, which puts this QLD suburb at 2363th most discounted overall in Australia.
A $440 per week rent on the median house gives suburb investors a gross yield of circa 3.35%, without taking into account capital value appreciation, which has been averaging out at 5.76%.
Giving property investors a an unimpressive capital gain of -1.63% for the last year, Carina Heights, 4152 is the 1242th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Carina Heights,4152 has racked up an average of -1.63% over the period. This ranks it number 1389th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Carina Heights 4152 should be seeing an average reduction in asking price of around -4.63% . This means that Carina Heights is holding prices well when compared to other suburbs in QLD.
Renters in Suburb are facing rents around $5040 per annum or $420 every week.