Carrara, 4211 ranked 134th in QLD when comparing growth in median property values or capital gain over the last 12 months. Carrara is one of 2415 in our list for QLD
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Carrara has increased when compared to the 5 year average annual rate.
The most recent median price for Carrara is $565000, with sellers offering an average of -5.55% off the asking price.
Over the last year, property investments in Carrara, 4211 have given investors a capital gain of 7.92%. This compares very favourably with the 0.29% for QLD as a whole.
If we look at median property appreciation over just the last three months, Carrara has given property investors a paper return of 2.03%. This puts Suburb as 82 on a list of fastest fasting appreciating suburbs in QLD
The most recent median price for Carrara is $477500, with sellers offering an average of -4.38% off the asking price.
Using the current median advertised rental of $420 and the average annual increase in value of a median property of 3.12%, investors should hope to achieve an overall return of 4.57%