With a capital gain of -3.41% for the last 12 months, Carindale, 4152 has performed for property investments than its average annual 3.26% property growth over the last 5 years.
The five-year average increase in median property values for Carindale,4152 has given property investors a potential capital gain of 21.43% across each of those five years.
Vendor discounting in Carindale is giving property investors an average Vendor Discount of around -7.07%. This puts suburb at number 265th in QLD when ranking the most discounted suburbs.
Carindale, 4152’s gross rental yield is 3.64%
QLD has seen average median house prices change by -0.13% which means that Carindale, 4152 has not done well for property investors by showing a capital gain of 1.68% over the last year
Carindale,4152 was ranked 1008 in Australia by increase in median property value over the quarter.
On average over the past year, suburb has had 2.08 sales per month, which equates to 25 per year.
With the median price for a house in Carindale being $455000 and the advertised rent reaching $465 the gross rental yield for property investors calculates out to be 5.31%