Over the last year, property investments in Carnegie, 3163 have given investors a capital gain of 7.17%. This compares badly with the 11.00% for VIC as a whole.
The five-year average increase in median property values for Carnegie,3163 has given property investors a potential capital gain of 76.40% across each of those five years.
Property investors looking for a bargain in Carnegie should be aiming for at least 0.00% off the asking price, which is the average vendor discount being achieved at the moment.
A $525 per week rent on the median house gives suburb investors a gross yield of circa 1.92%, without taking into account capital value appreciation, which has been averaging out at 9.78%.
Over the last year, property investments in Carnegie, 3163 have given investors a capital gain of 2.94%. This compares badly with the 5.66% for VIC as a whole.
If we look at median property appreciation over just the last three months, Carnegie has given property investors a paper return of 3.56%. This puts Suburb as 99 on a list of fastest fasting appreciating suburbs in VIC
Sellers are offering property buyers an average discount of -5.75% to buyers in Carnegie at the moment, which is less than average for the rest of VIC.
The VIC suburb of Carnegie, 3163 is in the Glen Eira local government area.