CARAVONICA 4878
State: QLDPosiProp AI Investment Summary
CARAVONICA (QLD 4878) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.8% and has experienced a 12-month capital growth of Up 5.1%, with a median house buy price of $757,500. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
–
$740,000
$788,000
$757,500
Suburb Market Profile
Last month Caravonica had 3 properties available for rent and 14 properties for sale. Median property prices over the last year range from $757,500 for houses to $563,000 for units. If you are looking for an investment property, consider houses in Caravonica rent out for $650 PW with an annual rental yield of 4.8% and units rent for $570 PW with a rental yield of 6.1%. Caravonica has seen an annual compound growth rate of 5.1% for houses and 17.6% for units.