Powered by MOMENTUM MEDIA
AREA REPORTS

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 -21.43%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains CARAVONICA, 4878 saw average growth in the long term.

Real estate investors could earn a rental income of $480 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 52.6 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 $385,000.

CARAVONICA ranks 84th on the list of best yielding suburbs for rental properties in QLD, posting a 6.48% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $385,000 $293,000
GROWTH REPORT
Median Quarterly -6.67% 0%
Median 12 month -21.43% N/A
Median 3 years -1.28% N/A
Median 5 years 7.99% N/A
10 years average annual 2.04% -4.86%
Weekly media advert. rent $480 N/A
Time on Market 52.6 days 59.2 days
Gross Rental Yield Percent 6.48% N/A
demographics (median values)
Total Population
1985
Weekly Household Income
1071
Household Size
2.70
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Perth

Perth’s property market: Will there be pain ahead?

As investors face uncertainties amid the ongoing health crisis, Western Australians investors ask: will the recovering property market of Pe...

Don’t forget about landlords

Don’t forget about landlords, industry warns

Mum and dad investors are just as vulnerable as their tenants if a blanket eviction ban fails to consider property owners as well, according...

rental payments

6 arguments against relaxing rental payments

An industry body has hit back at the “fundamentally flawed” notion that the NSW government could legislate to remove the obligation of t...

INVESTING INSIGHTS WITH RIGHT PROPERTY GROUP: Navigating COVID-19 as a property investor

With the COVID-19 pandemic triggering a global financial crisis, investors’ circumstances are shifting dramatically, leaving those who wer...

Kent Leicester

Economy will recover from health crisis hit: expert

Despite current uncertainties, experts assure Australians that the national economy has the key fundamentals in place to make a strong recov...

REIA president Adrian Kelly

How real estate bodies are reacting to a ban on public auctions, open houses

Earlier this week, the government confirmed that it has cracked down on in-room public auctions and open house inspections. Here’s how som...

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.