Carrai is a quiet locality in New South Wales within the Armidale Regional local government area (postcode 2440).
The median house price in Carrai is $42,000, having surged 2121.1% over the past year. The current median weekly rent is $460. This gives a gross rental yield of approximately 56.7%.
The crime rate in the Armidale Regional LGA is moderate at 6,478 incidents per 100,000 population.
From an investment perspective, Carrai offers a gross rental yield of 56.7%, rated as high yield. Property prices sit below the state median ($42K/$1.5M), suggesting a potential value opportunity. House prices have moved +2121.1% year-on-year.
Carrai is a quiet locality in New South Wales within the Armidale Regional local government area (postcode 2440).
The median house price in Carrai is $42,000, having surged 2121.1% over the past year. The current median weekly rent is $460. This gives a gross rental yield of approximately 56.7%.
The crime rate in the Armidale Regional LGA is moderate at 6,478 incidents per 100,000 population.
From an investment perspective, Carrai offers a gross rental yield of 56.7%, rated as high yield. Property prices sit below the state median ($42K/$1.5M), suggesting a potential value opportunity. House prices have moved +2121.1% year-on-year.