Property investors who have had real estate in Carnegie, 3163 should be ok with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 3.14%
The five-year average increase in median property values for Carnegie,3163 has given property investors a potential capital gain of 44.17% across each of those five years.
Property investors looking for a bargain in Carnegie should be aiming for at least -12.24% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Carnegie the average time real estate has been on the market is 83.2 days.
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 -0.19%
Across a shorter period, Carnegie, 3163 has seen a median price increase of 1.51% over the last quarter.
Property buyers and investors in Carnegie 3163 should be seeing an average reduction in asking price of around -6.35% . This means that Carnegie is holding prices well when compared to other suburbs in VIC.
Carnegie, 3163’s gross rental yield is 3.67%