With a capital gain of 12.00% for the last 12 months, Caravonica, 4878 has performed for property investments than its average annual 2.94% property growth over the last 5 years.
Sellers are offering property buyers an average discount of -7.39% to buyers in Caravonica at the moment, which is less than average for the rest of QLD.
At number 1809 in a list of fastest selling suburbs, Caravonica is just in the top half of suburbs in Australia with an average of days on market 76.05 for properties listed there.
Caravonica is 130th on a list of best yielding suburbs for rents in QLD with a 5.51% return
Property investors looking for a bargain in Caravonica should be aiming for at least -7.64% off the asking price, which is the average vendor discount being achieved at the moment.