Carlisle is an average performer in WA when comparing median price capital growth over the last year. Carlisle gave property investors a average capital gain figure when compared to the rest of the state, with -4.91%.
Comparing Carlisle,6101 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Our latest figures would indicate that property sellers in Carlisle are currently offering property investors an average price cut of -7.21% below the asking price at the moment.
At number 2695 in a list of fastest selling suburbs, Carlisle is in the bottom 30% of suburbs in Australia with an average of days on market 102.28 for properties listed there.
Carlisle is 264th on a list of best yielding suburbs for rents in WA with a 3.79% return
With a capital gain of -9.27% for the last 12 months, Carlisle, 6101 has performed for property investments than its average annual 0.26% property growth over the last 5 years.
Across a shorter period, Carlisle, 6101 has seen a median price increase of -2.13% over the last quarter.
Property buyers and investors in Carlisle 6101 should be seeing an average reduction in asking price of around -11.64% . This means that Carlisle is holding prices well when compared to other suburbs in WA.
Often selling an investment property can take time, and in Carlisle the average time real estate has been on the market is 105.7 days.
Advertised rents are around the $370 mark per week – giving a return of 4.42% based on the median price in Suburb
Located just 6km southeast of Perth, the suburb of Carlisle is becoming a hit with professionals and retirees.Full summary
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Located just 6km southeast of Perth, the suburb of Carlisle is becoming a hit with professionals and retirees.Close
According to Kim Findlay, director of Grange Realty Group, its proximity to train lines and the CBD makes it a desirable place to live.
“It’s almost an inner CBD extension,” he explains.
"There are a lot of professionals living here because Carlisle is close to the city. For the many students in the area, its proximity to universities is a factor. For retirees, the café strip lifestyle is attractive.”
Historically, Carlisle was dominated by tenants. “But it’s changing now,” says Findlay.
“A growing number of owner-occupiers are taking advantage of the affordable prices currently. There are fewer investors than before because Perth is experiencing a downturn at the moment, and rents have dropped. But I believe it’s just a phase,” he says.
The suburb enjoys a range of amenities, including a vibrant café strip and a sports stadium.
The West Coast Eagles is also relocating its sports club to Carlisle.
“Carlisle is going through a transformation at the moment,” says Findlay.
“The Victoria Park café strip is being redeveloped, and the Crown entertainment strip is being upgraded."
The best buys, according to Findlay, are threebedroom, two-bathroom houses.
“These homes are built on 1,000sq m pieces of land. Most blocks can accommodate about three properties each,” he says.