Property value increases in Carrara have tracked just lower than the QLD average of 0.78% over the last 12 months.
When looking at the potential capital gains offered to property investors over the last 3 years, Carrara comes in at number 147th in QLD.
LACK OF BUYER INTEREST may well be the reason that Carrara is offering property investors an average of -7.01. This rate of discount on properties puts Suburb at number 517th in terms of most discounted suburbs in QLD
At number 650 in a list of fastest selling suburbs, Carrara is in the TOP 20% of suburbs in Australia with an average of days on market 57.0846 for properties listed there.
Carrara is 367th on a list of best yielding suburbs for rents in QLD with a 4.87% return
Carrara, 4211 ranked 125th 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
While Carrara,4211 ranked number 108th in QLD for increase in median house value (annualised) increase, it is ranked 190th over the last 5 years.
Property buyers and investors in Carrara 4211 should be seeing an average reduction in asking price of around -5.12% . This means that Carrara is holding prices well when compared to other suburbs in QLD.
Property investors should expect to get $492.5 weekly from the median priced house in this suburb.