VIC has seen average median house prices change by 8.23% which means that Carlton North, 3054 has done well for property investors by showing a capital gain of 10.86% over the last year
Taking the average capital gain, or increase in median house value, Carlton North,3054 has racked up an average of 10.86% over the period. This ranks it number 928th in the whole country for real estate investors looking at median house price increases.
Vendor discounting in Carlton North is giving property investors an average Vendor Discount of around -3.34%. This puts suburb at number 535th in VIC when ranking the most discounted suburbs.
Using the current median advertised rental of $600 and the average annual increase in value of a median property of 8.41%, investors should hope to achieve an overall return of 2.55%
Property value increases in Carlton North have tracked lower than the VIC average of 4.09% over the last 12 months.
If we look at median property appreciation over just the last three months, Carlton North has given property investors a paper return of 2.85%. This puts Suburb as 65 on a list of fastest fasting appreciating suburbs in VIC
Property investors looking for a bargain in Carlton North should be aiming for at least -3.48% off the asking price, which is the average vendor discount being achieved at the moment.