The suburb’s capital gain of 7.69% for the past year is lower than average compared to its 62.08% growth within a five-year period.
Also in CARNEGIE, the median home price is sitting at $1,400,000, and the average rent at $537.5, this suggests property owners could potentially earn a 2% increase in gross rental yield.
Property investors have seen a 5.26% gain in CARNEGIE based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 10% growth over a ten-year period. It ranks 3418th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||7.69%||-0.92%|
|Median 3 years||55.12%||6.05%|
|Median 5 years||62.08%||22.03%|
|10 years average annual||10%||5.56%|
|Weekly media advert. rent||$537.5||$385|
|Time on Market||98.9 days||65.3 days|
|Gross Rental Yield Percent||2%||3.71%|