If you compare the increase in value of investment property in Carindale, 4152 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 10.33%.
Carindale,4152 has offered an average of 10.33% return per annum in house price rises to property investors over the last three years.
Carindale, 4152 is offering QLD ‘s 481th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this QLD.
On average over the past year, suburb has had 18.25 sales per month, which equates to 219 per year.
Advertised rents are around the $587.5 mark per week – giving a return of 3.69% based on the median price in Suburb
Property investors who have had real estate in Carindale, 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 -2.94%
Our latest figures would indicate that property sellers in Carindale are currently offering property investors an average price cut of -2.00% below the asking price at the moment.
Residents and property investors in Carindale have been waiting around 71.63 days to sell a property.
A $450 per week rent on the median house gives suburb investors a gross yield of circa 4.73%, without taking into account capital value appreciation, which has been averaging out at 6.35%.