At number 2269th in the list of Australian suburbs ordered by increase in median house value over the last year, Carina, 4152 is in the BOTTOM 50% with a property value increase of 4.54% recorded in median house prices.
Over the longer term, Carina has seen property prices show investors a 22.18% return over the last 3 years. This is worse than over the last 12 months
Our latest figures would indicate that property sellers in Carina are currently offering property investors an average price cut of -3.70% below the asking price at the moment.
On average over the past year, suburb has had 11.33 sales per month, which equates to 136 per year.
The QLD suburb of Carina, 4152 is in the Brisbane local government area.
Property value increases in Carina have tracked close to the QLD average of 0.48% over the last 12 months.
Across a shorter period, Carina, 4152 has seen a median price increase of -0.32% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Carina is offering property investors an average of -6.15. This rate of discount on properties puts Suburb at number 287th in terms of most discounted suburbs in QLD
With the median price for a house in Carina being $470000 and the advertised rent reaching $435 the gross rental yield for property investors calculates out to be 4.81%