Carina has had a pretty average year for property investment returns compared to the rest of QLD, giving investors a capital gain of 1.07% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Carina has increased when compared to the 5 year average annual rate.
Sellers are offering property buyers an average discount of -6.75% to buyers in Carina at the moment, which is less than average for the rest of QLD.
A $450 per week rent on the median house gives suburb investors a gross yield of circa 3.55%, without taking into account capital value appreciation, which has been averaging out at 3.89%.
Over the last year, property investments in Carina, 4152 have given investors a capital gain of -0.74%. This compares averagely with the 0.69% for QLD as a whole.
When looking at the potential capital gains offered to property investors over the last 3 years, Carina comes in at number 201th in QLD.
Carina, 4152 is offering QLD ‘s 273th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this QLD.
On average over the past year, suburb has had 12.33 sales per month, which equates to 148 per year.