Over the last year, property investments in Carindale, 4152 have given investors a capital gain of 5.13%. This compares favourably with the 2.11% for QLD as a whole.
Across a shorter period, Carindale, 4152 has seen a median price increase of -1.15% over the last quarter.
The most recent median price for Carindale is $820000, with sellers offering an average of -5.41% off the asking price.
In the last year 206 properties changed hands in Carindale, which puts it as the 59th most active market in QLD when comparing the number of sales per suburb.
Situated 9.79km from the CBD, Carindale is one of Brisbane localities in the postcode 4152.
With a capital gain of -0.47% for the last 12 months, Carindale, 4152 has performed for property investments than its average annual 6.49% property growth over the last 5 years.
While Carindale,4152 ranked number 323th in QLD for increase in median house value (annualised) increase, it is ranked 125th over the last 5 years.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.00% offered to property buyers. Sellers in Carindale itself are offering an average vendor discount of -1.94% to real estate investors.
Using the current median advertised rental of $457.5 and the average annual increase in value of a median property of 6.49%, investors should hope to achieve an overall return of 4.47%