Investment property in Carlton North has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 14.04%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Carlton North has increased when compared to the 5 year average annual rate.
The most recent median price for Carlton North is $1340000, with sellers offering an average of -2.69% off the asking price.
On average over the past year, suburb has had 5.00 sales per month, which equates to 60 per year.
The VIC suburb of Carlton North, 3054 is in the Melbourne local government area.
Carlton North is in the bottom 20% in VIC when comparing median price capital growth over the last year. Carlton North gave property investors a dismal capital gain figure when compared to the rest of the state, with -6.47%.
Taking the average capital gain, or increase in median house value, Carlton North,3054 has racked up an average of -6.47% over the period. This ranks it number 1043th in the whole country for real estate investors looking at median house price increases.
Property investors should expect to get $430 weekly from the median priced house in this suburb.