A 19.37% increase in median property prices in CARBROOK, 4130 has allowed this suburb to join the ranks of best performing suburbs in QLD, settling at number 42nd.
A steady increase in median property prices over a five-year period in the suburb translates to a 35.71% capital gain.
It also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $1,140,000
The augmented property values in the suburb are trailing above the territorial average of 2.39% in 2016.
Home owners selling their properties and realtors in CARBROOK usually have to wait an average of 87.8 days days before their assets are lifted off the market.
The QLD suburb ranks 763rd on the list of best yielding suburbs for rental properties in QLD, posting a 0% return.
It also places places 95th in Australia based on median property value growth during the quarter.
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