Carrara has had a A very good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 12.55% to date .
When looking at the potential capital gains offered to property investors over the last 3 years, Carrara comes in at number 159th in QLD.
Carrara4211 is located in QLD which offers an average discount of -7.32% to property investors. Carrara itself is showing figures that indicate -4.93% is the average achievable by property buyers investing in the suburb.
Often selling an investment property can take time, and in Carrara the average time real estate has been on the market is 45.51 days.
The QLD suburb of Carrara, 4211 is in the Gold Coast local government area.
If you compare the increase in value of investment property in Carrara, 4211 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this QLD suburb was 2.07%.
While Carrara,4211 ranked number 89th in QLD for increase in median house value (annualised) increase, it is ranked 86th over the last 5 years.
Carrara, 4211 is offering QLD ‘s 260th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this QLD.
With the median price for a house in Carrara being $444000 and the advertised rent reaching $412.5 the gross rental yield for property investors calculates out to be 4.83%