With a capital gain of 2.50% for the last 12 months, Karalee, 4306 has performed for property investments than its average annual 4.74% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Karalee,4306 has racked up an average of 2.50% over the period. This ranks it number 2793th in the whole country for real estate investors looking at median house price increases.
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 Karalee itself are offering an average vendor discount of -6.92% to real estate investors.
At number 2155 in a list of fastest selling suburbs, Karalee is just in the bottom half of suburbs in Australia with an average of days on market 85.48 for properties listed there.
Property investors should expect to get $455 weekly from the median priced house in this suburb.