Giving property investors a a stable capital gain of 10.91% for the last year, Carrara, 4211 is the 1255th highest performer in Australia in this respect.
Carrara,4211 was ranked 1537 in Australia by increase in median property value over the quarter.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.10% offered to property buyers. Sellers in Carrara itself are offering an average vendor discount of -4.91% to real estate investors.
Advertised rents are around the $500 mark per week – giving a return of 4.64% based on the median price in Suburb
Giving property investors a an average capital gain of 3.58% for the last year, Carrara, 4211 is the 837th highest performer in Australia in this respect.
While Carrara,4211 ranked number 90th in QLD for increase in median house value (annualised) increase, it is ranked 48th over the last 5 years.
Our latest figures would indicate that property sellers in Carrara are currently offering property investors an average price cut of -4.27% below the asking price at the moment.
At number 595 in a list of fastest selling suburbs, Carrara is just in the top half of suburbs in Australia with an average of days on market 68.56 for properties listed there.
The QLD suburb of Carrara, 4211 is in the Gold Coast local government area.