If you compare the increase in value of investment property in Carrickalinga, 5204 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this SA suburb was -12.36%.
Over the longer term, Carrickalinga has seen property prices show investors a 6.85% return over the last 3 years. This is worse than over the last 12 months
Property investors looking for a bargain in Carrickalinga should be aiming for at least -7.77% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 34 properties changed hands in Carrickalinga, which puts it as the 269th most active market in SA when comparing the number of sales per suburb.