If you compare the increase in value of investment property in Carseldine, 4034 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this QLD suburb was -1.00%.
A 15.68% growth in median value for property investors in Carseldine,4034 puts this suburb at number 649th in terms of best performing suburbs in QLD
The most recent median price for Carseldine is $642000, with sellers offering an average of -4.34% off the asking price.
A $500 per week rent on the median house gives suburb investors a gross yield of circa 4.05%, without taking into account capital value appreciation, which has been averaging out at 2.17%.
Property investors who have had real estate in Carseldine, 4034 should be relatively unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -4.83%
Carseldine,4034 was ranked 375 in Australia by increase in median property value over the quarter.
The most recent median price for Carseldine is $355000, with sellers offering an average of -6.77% off the asking price.
Residents and property investors in Carseldine have been waiting around 84.9615 days to sell a property.
Property investors should expect to get $410 weekly from the median priced house in this suburb.
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Carseldine, QLD – The future looks bright
Median unit price: $380,000
Three-year growth: -7%
Rental yield: 6%
About half an hour’s drive from the Brisbane CBD is the suburb of Carseldine, which is bordered by Bald Hills.
This mainly residential suburb is home to three Bunnings Warehouse stores, which have been integrated into the Carseldine Homemaker Centre. Another shopping centre contains a Woolworths. The former campus of the Queensland University of Technology on Beams Road has been earmarked for redevelopment into the Carseldine Urban Village, which will have several residential properties in addition to commercial and retail establishments.
Commuters can travel from Carseldine railway station to the CBD and the northern suburbs.