Carrara is an average performer in QLD when comparing median price capital growth over the last year. Carrara gave property investors a average capital gain figure when compared to the rest of the state, with 13.87%.
If we look at median property appreciation over just the last three months, Carrara has given property investors a paper return of 5.37%. This puts Suburb as 314 on a list of fastest fasting appreciating suburbs in QLD
Property investors looking for a bargain in Carrara should be aiming for at least -4.88% off the asking price, which is the average vendor discount being achieved at the moment.
At number 840 in a list of fastest selling suburbs, Carrara is in the TOP 30% of suburbs in Australia with an average of days on market 39.9756 for properties listed there.
Situated 69.49km from the CBD, Carrara is one of Gold Coast (C) localities in the postcode 4211.
Investment property in Carrara has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 13.17%
Across a shorter period, Carrara, 4211 has seen a median price increase of 4.13% over the last quarter.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Carrara, 4211. Typically our figures indicate that -4.08% is being offered, which puts this QLD suburb at 509th most discounted overall in Australia.
Carrara is 227th on a list of best yielding suburbs for rents in QLD with a 5.14% return