Australia market

Porsche 911 (964) Carrera 2

1989–1994

Add to Garage

Lowest price
$56,000
Since 2020
Median price
$126,000
Since 2020 · n=7
Highest price
$200,000
Since 2020
Sold cars
7
All time
Sell-through
100%
Of 7 lots

Based on 7 verified auction results

HOLDAppreciatinghigh confidence

$165,000

Market value · recent verified sales

+9.8%

12-month change

Hold or Wait

Appreciating but pace slowing. Patient buyers may find better entry.

Median sold price up 9.8% over the last 12 months. Hold if owned; chasing the trend at peak carries risk.

MSRP

—

Collectibility

6/10

Collectible

3-Year Forecast

$205,207

+24%

5-Year Forecast

$220,317

+34%

Market scores

Desirability

Moderate

Liquidity

Good

Resale Outlook

Option premiums

What every option is worth.

Spec engine

Sunroof / glass roof
+$42,342+34%
4 with · 49 without · low confidence
Manual gearbox
+$31,285+25%
23 with · 4 without · low confidence
Paint to Sample
+$28,906+23%
3 with · 50 without · low confidence
Built ≤ 1991
−$20,218-16%
32 with · 20 without · high confidence
Limited-slip diff
+$5,968+5%
4 with · 49 without · low confidence

Premiums compare the median price of sales with each option against comparable sales without it, mined from verified auction listings. Prices are adjusted to the model's median mileage before comparing. Sales are pooled across markets on a relative-price basis, so exchange rates and market levels can't skew the split. Options interact in ways a one-at-a-time split can’t capture — treat each premium as directional rather than gospel.

Marque analyst note

The Porsche 911 964 Carrera 2 has settled at a median of AUD $165,000 in the Australian market, up 9.8 percent over the past twelve months. This signals steady appreciation within a narrow band, with high confidence underpinning the trend despite a modest sample of eleven transactions recorded over the period.

Liquidity remains moderate, with seven confirmed sales tracked across the full dataset and just one active listing currently. This suggests buyers and sellers are present but not abundant—transactions move without urgency, and pricing power exists for well-presented examples.

The 964 Carrera 2 occupies a collectible tier backed by 18,219 production units built worldwide, positioning it as a meaningful but not rare variant within the classic 911 hierarchy. Moderate desirability reflects steady demand among enthusiasts rather than speculative fever, typical of air-cooled Porsches that have already established themselves in the market.

The three-year projection stands at AUD $205,207, representing a 24.4 percent increase from current levels. Over five years, the base case reaches AUD $220,317, or 33.5 percent appreciation, consistent with the measured pace observed in recent trading and the broader appetite for late-air-cooled 911s.

Depreciation Benchmark

Current avg value$165,000
Annual appr. rate+9.8%/yr
Segment average+3.0 to +9.5%/yr

This model holds value better than its segment average — strong long-term hold.

Vehicle History Signals

Auction lots tracked54
Damage or salvage declared0 (0.0%)
No damage declared54 (100.0%)

No damage or salvage declarations found in the titles and descriptions of the auction lots we track for this model. That's a good sign, not a guarantee — always commission a professional inspection and history check before buying.

Est. Annual Ownership Costs