Property investors who have had real estate in Caravonica, 4878 should be relatively unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 0.57%
Across a shorter period, Caravonica, 4878 has seen a median price increase of 3.97% over the last quarter.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.29% offered to property buyers. Sellers in Caravonica itself are offering an average vendor discount of -8.87% to real estate investors.
Residents and property investors in Caravonica have been waiting around 66.03 days to sell a property.
QLD has seen average median house prices change by 1.12% which means that Caravonica, 4878 has done well for property investors by showing a capital gain of 5.78% over the last year
Caravonica, 4878 is offering QLD ‘s 26th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 10% of discounts offered by this QLD.
Often selling an investment property can take time, and in Caravonica the average time real estate has been on the market is 111.9 days.
Situated 1396.07km from the CBD, Caravonica is one of Cairns localities in the postcode 4878.