Property value increases in Caravonica have tracked higher than the QLD average of 2.51% over the last 12 months.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Caravonica has increased when compared to the 5 year average annual rate.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.21% offered to property buyers. Sellers in Caravonica itself are offering an average vendor discount of -7.27% to real estate investors.
Situated 1396.40km from the CBD, Caravonica is one of Cairns localities in the postcode 4878.
When looking at the potential capital gains offered to property investors over the last 3 years, Caravonica comes in at number 39th in QLD.
Caravonica, 4878 is offering QLD ‘s 47th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this QLD.