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 Price | $1,400,000 | $540,000 |
| GROWTH REPORT | ||
| Median Quarterly | 5.26% | 0.66% |
| 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% |
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