Canberra Now Boasts A 7-figure Median House Price
With double-digit growth and the steepest price acceleration in almost three decades, Canberra continues to dominate the...
The suburb’s capital gain of 7.89% for the past year is higher than average compared to its 11.37% growth within a five-year period.
Also in CARLINGFORD, the median home price is sitting at $1,467,250, and the average rent at $600, this suggests property owners could potentially earn a 2.13% increase in gross rental yield.
Property investors have seen a 3.33% gain in CARLINGFORD based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 7.65% growth over a ten-year period. It ranks 406th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||7.89%||-0.35%|
|Median 3 years||3.33%||-4.51%|
|Median 5 years||11.37%||-5.96%|
|10 years average annual||7.65%||3.66%|
|Weekly media advert. rent||$600||$460|
|Time on Market||62.5 days||58.7 days|
|Gross Rental Yield Percent||2.13%||3.37%|