Property investors who have had real estate in Karana Downs, 4306 should be unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -5.88%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Karana Downs has increased when compared to the 5 year average annual rate.
Our latest figures would indicate that property sellers in Karana Downs are currently offering property investors an average price cut of -6.24% below the asking price at the moment.
On average over the past year, suburb has had 5.50 sales per month, which equates to 66 per year.