At number 2782th in the list of Australian suburbs ordered by increase in median house value over the last year, Carindale, 4152 is in the BOTTOM 40% with a property value increase of 1.23% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Carindale has increased when compared to the 5 year average annual rate.
Sellers are offering property buyers an average discount of -6.01% to buyers in Carindale at the moment, which is less than average for the rest of QLD.
On average over the past year, suburb has had 17.50 sales per month, which equates to 210 per year.
Carindale is in the bottom 40% in QLD when comparing median price capital growth over the last year. Carindale gave property investors a disappointing capital gain figure when compared to the rest of the state, with -2.15%.
Comparing Carindale,4152 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Our latest figures would indicate that property sellers in Carindale are currently offering property investors an average price cut of -2.17% below the asking price at the moment.
In the last year 40 properties changed hands in Carindale, which puts it as the 202th most active market in QLD when comparing the number of sales per suburb.
Carindale, 4152’s gross rental yield is 4.57%