Giving property investors a a stable capital gain of 3.71% for the last year, Carlton North, 3054 is the 1083th highest performer in Australia in this respect.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Carlton North has increased when compared to the 5 year average annual rate.
Vendor discounting in Carlton North is giving property investors an average Vendor Discount of around -6.84%. This puts suburb at number 279th in VIC when ranking the most discounted suburbs.
On average over the past year, suburb has had 6.67 sales per month, which equates to 80 per year.
Advertised rents are around the $660 mark per week – giving a return of 2.28% based on the median price in Suburb
With a capital gain of -13.71% for the last 12 months, Carlton North, 3054 has performed for property investments than its average annual 2.90% property growth over the last 5 years.
When looking at the potential capital gains offered to property investors over the last 3 years, Carlton North comes in at number 237th in VIC.