Property value increases in Carey Park have tracked higher than the WA average of -4.99% over the last 12 months.
Carey Park,6230 has offered an average of 3.70% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Carey Park is offering property investors an average of -8.21. This rate of discount on properties puts Suburb at number 108th in terms of most discounted suburbs in WA
Advertised rents are around the $290 mark per week – giving a return of 5.39% based on the median price in Suburb
Carey Park is in the bottom 30% in WA when comparing median price capital growth over the last year. Carey Park gave property investors a disappointing capital gain figure when compared to the rest of the state, with -9.65%.
If we look at median property appreciation over just the last three months, Carey Park has given property investors a paper return of -2.83%. This puts Suburb as 67 on a list of fastest fasting appreciating suburbs in WA
Sellers are offering property buyers an average discount of -4.55% to buyers in Carey Park at the moment, which is less than average for the rest of WA.
In the last year 13 properties changed hands in Carey Park, which puts it as the 99th most active market in WA when comparing the number of sales per suburb.
A $315 per week rent on the median house gives suburb investors a gross yield of circa 6.36%, without taking into account capital value appreciation, which has been averaging out at -1.95%.