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Investment Property Carrara, QLD, 4211

Suburb Snapshot

Carrara is a suburb in the Gold Coast Region of Queensland. Carrara has a population of 12,060 people and 26.01% of its occupants live in rental accommodation. The median listing price for houses is $1,080,000 and this has changed 13.80% over the past year and changed 27.20% over 2 years.

The median rent in Carrara for houses is $850 per week and the median rental yield is 4.09%. Stock on the market for houses/townhouses has changed -20.29% compared to last year and the average time to sell a house/townhouse is 72 days.The median listing price for units is $729,000 and this has changed 1.25% over the past year. The average unit takes 83 days to sell and the median rent for a unit in Carrara is $700 per week, producing a rental yield of 4.99%.

Supply & Demand in Carrara, Gold Coast

0.86%

Current vacancy rate


52

Rental stock available


12,060

Population


26.01%

Rental population


1.26%

Current vacancy rate


3,604

Rental stock available


555,721

Population


31.09%

Rental population


1.02%

Current vacancy rate


24,088

Rental stock available


4,703,187

Population


29.39%

Rental population


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Statistical data for Carrara, Gold Coast

  House Townhouses Units
Median listing price $1,080,000 $749,000 $729,000
Median price change - last quarter 4.95% 4.14% 0.35%
Median price change - 1 year 13.80% 8.55% 1.25%
Median price change - 2 years 27.20% 28.03% 22.11%
  House Townhouses Units
Median weekly rent $850 $700 $700
Median yield % 4.09% 4.85% 4.99%
Median rent change - 1 year 6.25% 2.94% 12.90%
  House Units
Previous month sales 12 11
Stock on market previous month 55 33
Stock variance vs. last year -20.29% -29.79%
Average days on market 72 83

Carrara investment property listings

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