Caravonica has had a A very good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 12.00% to date .
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.
Vendor discounting in Caravonica is giving property investors an average Vendor Discount of around -6.90%. This puts suburb at number 349th in QLD when ranking the most discounted suburbs.
Renters in Suburb are facing rents around $5220 per annum or $435 every week.
While Caravonica,4878 ranked number 111th in QLD for increase in median house value (annualised) increase, it is ranked 307th over the last 5 years.
Caravonica4878 is located in QLD which offers an average discount of -6.08% to property investors. Caravonica itself is showing figures that indicate -7.86% is the average achievable by property buyers investing in the suburb.