Property value increases in Carnegie have tracked higher than the VIC average of 8.23% over the last 12 months.
Across a shorter period, Carnegie, 3163 has seen a median price increase of 1.73% over the last quarter.
Carnegie3163 is located in VIC which offers an average discount of -5.99% to property investors. Carnegie itself is showing figures that indicate -12.39% is the average achievable by property buyers investing in the suburb.
On average over the past year, suburb has had 10.42 sales per month, which equates to 125 per year.
Property investors should expect to get $550 weekly from the median priced house in this suburb.
Property investors who have had real estate in Carnegie, 3163 should be relatively unhappy with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -3.57%
Comparing Carnegie,3163 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property investors looking for a bargain in Carnegie should be aiming for at least -4.93% off the asking price, which is the average vendor discount being achieved at the moment.
Renters in Suburb are facing rents around $4320 per annum or $360 every week.