If you compare the increase in value of investment property in Carlton North, 3054 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 14.21%.
Taking the average capital gain, or increase in median house value, Carlton North,3054 has racked up an average of 14.21% over the period. This ranks it number 409th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Carlton North are currently offering property investors an average price cut of -2.69% below the asking price at the moment.
Often selling an investment property can take time, and in Carlton North the average time real estate has been on the market is 76 days.
Situated 3.23km from the CBD, Carlton North is one of Melbourne localities in the postcode 3054.
With a capital gain of -8.27% for the last 12 months, Carlton North, 3054 has performed for property investments than its average annual 5.08% property growth over the last 5 years.
Carlton North,3054 has offered an average of -8.27% return per annum in house price rises to property investors over the last three years.
In the last year 22 properties changed hands in Carlton North, which puts it as the 284th most active market in VIC when comparing the number of sales per suburb.
Property investors should expect to get $430 weekly from the median priced house in this suburb.