Giving property investors a an average capital gain of -0.41% for the last year, Carrara, 4211 is the 2226th highest performer in Australia in this respect.
A 30.62% growth in median value for property investors in Carrara,4211 puts this suburb at number 595th in terms of best performing suburbs in QLD
Sellers are offering property buyers an average discount of -4.38% to buyers in Carrara at the moment, which is less than average for the rest of QLD.
With the median price for a house in Carrara being $610000 and the advertised rent reaching $597.5 the gross rental yield for property investors calculates out to be 5.09%
Carrara, 4211 ranked 130th in QLD when comparing growth in median property values or capital gain over the last 12 months. Carrara is one of 2415 in our list for QLD
Across a shorter period, Carrara, 4211 has seen a median price increase of -1.29% over the last quarter.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.19% offered to property buyers. Sellers in Carrara itself are offering an average vendor discount of -5.55% to real estate investors.
On average over the past year, suburb has had 14.50 sales per month, which equates to 174 per year.
A $497.5 per week rent on the median house gives suburb investors a gross yield of circa 6.12%, without taking into account capital value appreciation, which has been averaging out at 0.56%.