Investment property in Karana Downs 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 5.38%
While Karana Downs,4306 ranked number 72th in QLD for increase in median house value (annualised) increase, it is ranked 446th over the last 5 years.
Property investors looking for a bargain in Karana Downs should be aiming for at least -7.58% off the asking price, which is the average vendor discount being achieved at the moment.
Advertised rents are around the $410 mark per week – giving a return of 4.35% based on the median price in Suburb
A -66.84% growth in median value for property investors in Karana Downs,4306 puts this suburb at number 151th in terms of best performing suburbs in QLD
In the last year 12 properties changed hands in Karana Downs, which puts it as the 310th most active market in QLD when comparing the number of sales per suburb.
The QLD suburb of Karana Downs, 4306 is in the Brisbane (C) local government area.