With a capital gain of 6.35% for the last 12 months, Carine, 6020 has performed for property investments than its average annual 2.74% property growth over the last 5 years.
The five-year average increase in median property values for Carine,6020 has given property investors a potential capital gain of 17.78% across each of those five years.
Our latest figures would indicate that property sellers in Carine are currently offering property investors an average price cut of -6.44% below the asking price at the moment.
On average over the past year, suburb has had 7.42 sales per month, which equates to 89 per year.
Advertised rents are around the $495 mark per week – giving a return of 3.24% based on the median price in Suburb
In the last year 11 properties changed hands in Carine, which puts it as the 116th most active market in WA when comparing the number of sales per suburb.