Investment property in Carindale has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 5.23%
Across a shorter period, Carindale, 4152 has seen a median price increase of -0.06% over the last quarter.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.32% offered to property buyers. Sellers in Carindale itself are offering an average vendor discount of -5.70% to real estate investors.
At number 676 in a list of fastest selling suburbs, Carindale is in the TOP 20% of suburbs in Australia with an average of days on market 54.59 for properties listed there.
Situated 9.81km from the CBD, Carindale is one of Brisbane localities in the postcode 4152.
QLD has seen average median house prices change by 0.98% which means that Carindale, 4152 has done well for property investors by showing a capital gain of -2.06% over the last year
If we look at median property appreciation over just the last three months, Carindale has given property investors a paper return of -6.18%. This puts Suburb as 329 on a list of fastest fasting appreciating suburbs in QLD
LACK OF BUYER INTEREST may well be the reason that Carindale is offering property investors an average of -6.14. This rate of discount on properties puts Suburb at number 312th in terms of most discounted suburbs in QLD
Carindale is 307th on a list of best yielding suburbs for rents in QLD with a 4.49% return