If you compare the increase in value of investment property in Carindale, 4152 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this QLD suburb was 4.43%.
If we look at median property appreciation over just the last three months, Carindale has given property investors a paper return of -0.54%. This puts Suburb as 599 on a list of fastest fasting appreciating suburbs in QLD
Vendor discounting in Carindale is giving property investors an average Vendor Discount of around -5.57%. This puts suburb at number 529th in QLD when ranking the most discounted suburbs.
At number 656 in a list of fastest selling suburbs, Carindale is in the TOP 20% of suburbs in Australia with an average of days on market 53.74 for properties listed there.
Using the current median advertised rental of $590 and the average annual increase in value of a median property of 4.85%, investors should hope to achieve an overall return of 3.72%
At number 1395th in the list of Australian suburbs ordered by increase in median house value over the last year, Carindale, 4152 is in the BOTTOM 30% with a property value increase of -4.35% recorded in median house prices.
While Carindale,4152 ranked number 334th in QLD for increase in median house value (annualised) increase, it is ranked 114th over the last 5 years.
Sellers are offering property buyers an average discount of -1.87% to buyers in Carindale at the moment, which is less than average for the rest of QLD.
Renters in Suburb are facing rents around $5460 per annum or $455 every week.