Carlton North is an average performer in VIC when comparing median price capital growth over the last year. Carlton North gave property investors a good capital gain figure when compared to the rest of the state, with 12.34%.
Across a shorter period, Carlton North, 3054 has seen a median price increase of 4.48% over the last quarter.
Carlton North3054 is located in VIC which offers an average discount of -5.71% to property investors. Carlton North itself is showing figures that indicate -6.14% is the average achievable by property buyers investing in the suburb.
With the median price for a house in Carlton North being $1400000 and the advertised rent reaching $620 the gross rental yield for property investors calculates out to be 2.30%
At number 360th in the list of Australian suburbs ordered by increase in median house value over the last year, Carlton North, 3054 is in the top 30% with a property value increase of 11.83% recorded in median house prices.
A 27.67% growth in median value for property investors in Carlton North,3054 puts this suburb at number 257th in terms of best performing suburbs in VIC
Our latest figures would indicate that property sellers in Carlton North are currently offering property investors an average price cut of -7.29% below the asking price at the moment.
In the last year 28 properties changed hands in Carlton North, which puts it as the 263th most active market in VIC when comparing the number of sales per suburb.
Using the current median advertised rental of $440 and the average annual increase in value of a median property of 6.22%, investors should hope to achieve an overall return of 3.89%