If you compare the increase in value of investment property in Carey Park, 6230 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this WA suburb was -8.39%.
When looking at the potential capital gains offered to property investors over the last 3 years, Carey Park comes in at number 415th in WA.
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.58% offered to property buyers. Sellers in Carey Park itself are offering an average vendor discount of -9.81% to real estate investors.
On average over the past year, suburb has had 6.17 sales per month, which equates to 74 per year.
Carey Park is 35th on a list of best yielding suburbs for rents in WA with a 7.02% return