Carina Heights has had a A very good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 17.00% to date .
While Carina Heights,4152 ranked number 691th in QLD for increase in median house value (annualised) increase, it is ranked 27th over the last 5 years.
Property buyers and investors in Carina Heights 4152 should be seeing an average reduction in asking price of around -3.64% . This means that Carina Heights is holding prices well when compared to other suburbs in QLD.
At number 103 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 33.48 for properties listed there.
Renters in Suburb are facing rents around $5280 per annum or $440 every week.
Giving property investors a a poor capital gain of -5.96% for the last year, Carina Heights, 4152 is the 1461th highest performer in Australia in this respect.
Over the longer term, Carina Heights has seen property prices show investors a 0.22% return over the last 3 years. This is worse than over the last 12 months
Vendor discounting in Carina Heights is giving property investors an average Vendor Discount of around -4.32%. This puts suburb at number 259th in QLD when ranking the most discounted suburbs.
In the last year 91 properties changed hands in Carina Heights, which puts it as the 111th most active market in QLD when comparing the number of sales per suburb.
Using the current median advertised rental of $420 and the average annual increase in value of a median property of 2.47%, investors should hope to achieve an overall return of 4.90%