Carey Park has had a A very good year for property investment returns compared to the rest of WA, giving investors a capital gain of 3.70% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Carey Park has increased when compared to the 5 year average annual rate.
Sellers are offering property buyers an average discount of -9.26% to buyers in Carey Park at the moment, which is less than average for the rest of WA.
Often selling an investment property can take time, and in Carey Park the average time real estate has been on the market is 139.77 days.
Situated 156.69km from the CBD, Carey Park is one of Bunbury localities in the postcode 6230.
Property value increases in Carey Park have tracked just lower than the WA average of -4.80% over the last 12 months.
Carey Park,6230 has offered an average of -7.83% return per annum in house price rises to property investors over the last three years.
Property buyers and investors in Carey Park 6230 should be seeing an average reduction in asking price of around -2.15% . This means that Carey Park is holding prices well when compared to other suburbs in WA.
Carey Park is 10th on a list of best yielding suburbs for rents in WA with a 6.28% return