Based on its average 5-year and quarterly capital gains CARINDALE, 4152 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that CARINDALE, 4152 obtained a 8.52% growth over a ten-year period. It ranks 841st on our list of suburbs that property investors should look into.
CARINDALE, 4152 in QLD belongs to the local government area of Brisbane.
CARINDALE, 4152 has a capital gain of 9.38% for the past year, which is lower than average compared to its 90.42% growth within a five-year period.
With the median home price in CARINDALE sitting at $1,750,000, and the average rent at $880, property owners could potentially earn a 2.61% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in CARINDALE are low, as opposed to average gains per annum over the past five years.
A steady increase in median property prices over a five-year period in CARINDALE, 4152 translates to a 41.76% capital gain.
Property investors enjoyed capital gains of 2.38% over the last 12 months in CARINDALE, translating to lower returns compared with its peers in QLD.
CARINDALE, 4152 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 $921,444.
Profits due to an upward trend in home prices in CARINDALE, 4152 averaged 13.92% per annum over a 3-year period.
Home owners selling their properties and realtors in CARINDALE usually have to wait an average of 30.5 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $750 mark, reflecting a 4.23% increase in returns based on the current median price in CARINDALE.
CARINDALE, 4152 places 260th in Australia based on median property value growth during the quarter.