QLD/
Caravonica

Suburb Profile

Caravonica - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4878

house
unit

Property investments in CARAVONICA fare well against the rest of the country last year, registering a median home price increase of 12%.

Real estate investors could earn a rental income of $445 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 76.0 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $420,000.

CARAVONICA ranks 130th on the list of best yielding suburbs for rental properties in QLD, posting a 5.51% return.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $420,000 $270,750
GROWTH REPORT
Median Quarterly N/A -1.37%
Median 12 month 12% N/A
Median 3 years 15.86% 24.48%
Median 5 years 33.33% N/A
10 years average annual 2.94% N/A
Weekly media advert. rent $445 N/A
Time on Market 76.0 days 99.2 days
Gross Rental Yield Percent 5.51% N/A
demographics (median values)
Total Population
1985
Weekly Household Income
1071
Household Size
2.70
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