Property investors who have had real estate in Karana Downs, 4306 should be unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -4.69%
A 8.93% growth in median value for property investors in Karana Downs,4306 puts this suburb at number 380th in terms of best performing suburbs in QLD
Our latest figures would indicate that property sellers in Karana Downs are currently offering property investors an average price cut of -6.89% below the asking price at the moment.
At number 2202 in a list of fastest selling suburbs, Karana Downs is just in the bottom half of suburbs in Australia with an average of days on market 79.95 for properties listed there.
Using the current median advertised rental of $390 and the average annual increase in value of a median property of 1.18%, investors should hope to achieve an overall return of 4.43%