Over the last year, property investments in Carindale, 4152 have given investors a capital gain of 0.24%. This compares badly with the 2.45% for QLD as a whole.
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 -5.84% below the asking price at the moment.
On average over the past year, suburb has had 17.83 sales per month, which equates to 214 per year.
At number 1392th in the list of Australian suburbs ordered by increase in median house value over the last year, Carindale, 4152 is in the BOTTOM 20% with a property value increase of -4.74% recorded in median house prices.
The five-year average increase in median property values for Carindale,4152 has given property investors a potential capital gain of 26.79% across each of those five years.
Our latest figures would indicate that property sellers in Carindale are currently offering property investors an average price cut of -2.54% below the asking price at the moment.
Using the current median advertised rental of $460 and the average annual increase in value of a median property of 2.10%, investors should hope to achieve an overall return of 4.49%