Carlton North has had a pretty good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 13.56% to date .
Across a shorter period, Carlton North, 3054 has seen a median price increase of 6.77% over the last quarter.
At number 598th of VIC’s most discounted properties, Carlton North is in the TOP 10% of the state/territory when listing in order of most discounted to least.
At number 1524 in a list of fastest selling suburbs, Carlton North is just in the top half of suburbs in Australia with an average of days on market 73.5 for properties listed there.
Advertised rents are around the $600 mark per week – giving a return of 2.33% based on the median price in Suburb
Carlton North is in the bottom 30% in VIC when comparing median price capital growth over the last year. Carlton North gave property investors a disappointing capital gain figure when compared to the rest of the state, with -1.67%.
The five-year average increase in median property values for Carlton North,3054 has given property investors a potential capital gain of 13.61% across each of those five years.
At number 195th of VIC’s most discounted properties, Carlton North is in the TOP 40% of the state/territory when listing in order of most discounted to least.
Using the current median advertised rental of $430 and the average annual increase in value of a median property of 5.46%, investors should hope to achieve an overall return of 4.22%