WA has seen average median house prices change by -4.91% which means that Carey Park, 6230 has not done well for property investors by showing a capital gain of 5.37% over the last year
Comparing Carey Park,6230 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Sellers are offering property buyers an average discount of -8.57% to buyers in Carey Park at the moment, which is less than average for the rest of WA.
Property investors should expect to get $290 weekly from the median priced house in this suburb.
With a capital gain of -7.42% for the last 12 months, Carey Park, 6230 has performed for property investments than its average annual -0.92% property growth over the last 5 years.
Across a shorter period, Carey Park, 6230 has seen a median price increase of -3.64% over the last quarter.
State is the 2nd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.52% offered to property buyers. Sellers in Carey Park itself are offering an average vendor discount of -2.21% to real estate investors.
On average over the past year, suburb has had 1.08 sales per month, which equates to 13 per year.
Using the current median advertised rental of $320 and the average annual increase in value of a median property of -0.92%, investors should hope to achieve an overall return of 6.28%