Property investors who have had real estate in South Carnarvon, 6701 should be unhappy with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -12.09%
South Carnarvon,6701 was ranked 3026 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that South Carnarvon is offering property investors an average of -8.49. This rate of discount on properties puts Suburb at number 35th in terms of most discounted suburbs in WA
At number 585 in a list of fastest selling suburbs, South Carnarvon is in the TOP 20% of suburbs in Australia with an average of days on market 57 for properties listed there.
Advertised rents are around the $290 mark per week – giving a return of 12.57% based on the median price in Suburb