QLD has seen average median house prices change by 2.40% which means that Carina, 4152 has done well for property investors by showing a capital gain of 6.32% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Carina has increased when compared to the 5 year average annual rate.
Sellers are offering property buyers an average discount of -4.35% to buyers in Carina at the moment, which is less than average for the rest of QLD.
In the last year 131 properties changed hands in Carina, which puts it as the 158th most active market in QLD when comparing the number of sales per suburb.
Carina is 646th on a list of best yielding suburbs for rents in QLD with a 3.76% return
If you compare the increase in value of investment property in Carina, 4152 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was 0.00%.
Carina,4152 was ranked 817 in Australia by increase in median property value over the quarter.
Property investors looking for a bargain in Carina should be aiming for at least -3.69% off the asking price, which is the average vendor discount being achieved at the moment.
Advertised rents are around the $450 mark per week – giving a return of 5.03% based on the median price in Suburb