Carina Heights is in the bottom 10% in QLD when comparing median price capital growth over the last year. Carina Heights gave property investors a dismal capital gain figure when compared to the rest of the state, with -10.74%.
Taking the average capital gain, or increase in median house value, Carina Heights,4152 has racked up an average of -10.74% over the period. This ranks it number 3477th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Carina Heights is offering property investors an average of -6.92. This rate of discount on properties puts Suburb at number 557th in terms of most discounted suburbs in QLD
In the last year 66 properties changed hands in Carina Heights, which puts it as the 342th most active market in QLD when comparing the number of sales per suburb.
Carina Heights is 667th on a list of best yielding suburbs for rents in QLD with a 3.58% return
Giving property investors a a stable capital gain of 1.23% for the last year, Carina Heights, 4152 is the 572th highest performer in Australia in this respect.
The five-year average increase in median property values for Carina Heights,4152 has given property investors a potential capital gain of -1.30% across each of those five years.
Property investors looking for a bargain in Carina Heights should be aiming for at least -4.02% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 90 properties changed hands in Carina Heights, which puts it as the 59th most active market in QLD when comparing the number of sales per suburb.