Property value increases in Carnegie have tracked just lower than the VIC average of 7.68% over the last 12 months.
Across a shorter period, Carnegie, 3163 has seen a median price increase of -1.54% over the last quarter.
Carnegie3163 is located in VIC which offers an average discount of -6.04% to property investors. Carnegie itself is showing figures that indicate -11.01% is the average achievable by property buyers investing in the suburb.
Investment property in Carnegie has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -1.87%
Taking the average capital gain, or increase in median house value, Carnegie,3163 has racked up an average of -1.87% over the period. This ranks it number 838th in the whole country for real estate investors looking at median house price increases.
The most recent median price for Carnegie is $525000, with sellers offering an average of -5.56% off the asking price.
In the last year 232 properties changed hands in Carnegie, which puts it as the 24th most active market in VIC when comparing the number of sales per suburb.
Carnegie, 3163’s gross rental yield is 3.66%