With a capital gain of 8.37% for the last 12 months, Cartwright, 2168 has performed for property investments than its average annual 11.08% property growth over the last 5 years.
Over the longer term, Cartwright has seen property prices show investors a 61.07% return over the last 3 years. This is worse than over the last 12 months
Our latest figures would indicate that property sellers in Cartwright are currently offering property investors an average price cut of -9.27% below the asking price at the moment.
At number 924 in a list of fastest selling suburbs, Cartwright is in the bottom 20% of suburbs in Australia with an average of days on market 89.35 for properties listed there.
A $420 per week rent on the median house gives suburb investors a gross yield of circa 3.37%, without taking into account capital value appreciation, which has been averaging out at 11.08%.