A 18.85% 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 47th.
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 $1,087,500
The augmented property values in the suburb are trailing above the territorial average of 2.57% in 2016.
Home owners selling their properties and realtors in CARBROOK usually have to wait an average of 107.1 days days before their assets are lifted off the market.
The QLD suburb ranks 930th on the list of best yielding suburbs for rental properties in QLD, posting a 0% return.
It also places places 360th in Australia based on median property value growth during the quarter.
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