At number 3359th in the list of Australian suburbs ordered by increase in median house value over the last year, Karalee, 4306 is in the BOTTOM 30% with a property value increase of 6.17% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Karalee has increased when compared to the 5 year average annual rate.
Vendor discounting in Karalee is giving property investors an average Vendor Discount of around -4.19%. This puts suburb at number 469th in QLD when ranking the most discounted suburbs.
A $405 per week rent on the median house gives suburb investors a gross yield of circa 3.45%, without taking into account capital value appreciation, which has been averaging out at 1.98%.