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The suburb’s capital gain of 1.9% for the past year is lower than average compared to its 80.57% growth within a five-year period.
Also in CARNEGIE, the median home price is sitting at $1,450,000, and the average rent at $545, this suggests property owners could potentially earn a 1.95% increase in gross rental yield.
Property investors have seen a -3.49% drop in CARNEGIE based on a decrease 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 6.78% growth over a ten-year period. It ranks 1062nd on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,450,000 | $582,500 |
| GROWTH REPORT | ||
| Median Quarterly | -3.49% | -1.19% |
| Median 12 month | 1.9% | -0.85% |
| Median 3 years | 29.46% | 7.87% |
| Median 5 years | 80.57% | 35.78% |
| 10 years average annual | 6.78% | 5% |
| Weekly media advert. rent | $545 | $400 |
| Time on Market | 53.1 days | 58.5 days |
| Gross Rental Yield Percent | 1.95% | 3.57% |
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