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Australia market

Porsche 911 (964) Carrera 4

1989–1994

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  • Lowest price

    $109,000

    Since 2020

  • Median price

    $144,000

    Since 2020 · n=3

  • Highest price

    $162,500

    Since 2020

  • Sold cars

    3

    All time

  • Sell-through

    100%

    Of 3 lots

Porsche 911

Based on 3 verified auction results

HOLDStablehigh confidence

$144,000

Market value · recent verified sales

-1.1%

12-month change

Fair Entry

Stable prices. Negotiate on spec and condition.

Prices have been flat (-1.1%). No strong directional signal.

MSRP

Collectibility

7/10

Highly Collectible

3-Year Forecast

$140,234

-3%

5-Year Forecast

$139,055

-3%

Estimates based on 3 verified Australia sales.

Market scores

44

Desirability

Thin

30

Liquidity

Moderate

50

Resale Outlook

Option premiums

What every option is worth.

  • Built ≤ 1990

    $17,779-12%

    24 with · 13 without · high confidence

Premiums compare the median price of sales with each option against comparable sales without it, mined from verified auction listings. 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 4 is trading at a median of AUD $144,000 in the Australian market, essentially flat year-on-year with a modest 1.1% decline. The HOLD signal reflects a stable but gradually softening valuation environment, with limited upward momentum despite the model's standing as a highly collectible classic.

Market liquidity remains thin, with only three sales tracked over the past twelve months and no active listings currently available. This scarcity of transaction data limits confidence in precise pricing, though the consistency of the sample suggests the market is well-established rather than dormant.

The 964 Carrera 4 remains classified as highly collectible, with a score of 7 underpinned by a production run of 13,353 units across its generation. All-wheel-drive variants hold moderate desirability in the modern collector market, positioned between entry-level and ultra-premium 964 variants, making condition and service history likely key differentiators among active buyers.

The base case projection indicates modest downward pressure over both the medium and long term, with median values expected to settle around AUD $140,234 by year three and AUD $139,055 by year five—representing declines of 2.6% and 3.4% respectively. This trajectory suggests the model may be moving through a consolidation phase rather than entering a strong appreciation cycle.

For prospective buyers, the market presents a fair entry point for those valuing driving enjoyment and classic 911 heritage over rapid capital appreciation. The thin liquidity profile warrants patience and selectivity; condition and provenance will likely outweigh market timing in determining eventual returns.

Depreciation Benchmark

  • Current avg value$144,000
  • Annual appr. rate-1.1%/yr
  • Segment average+3.0 to +9.5%/yr

Vehicle History Signals

  • Auction lots tracked41
  • Damage or salvage declared0 (0.0%)
  • No damage declared41 (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

  • Insurance (agreed value)$1,120
  • Maintenance$3,050
  • Storage$4,870
  • Depreciation— (appreciating)
  • Total annual cost$9,040
This car has historically appreciated — carrying cost is offset by value growth, not eroded by depreciation.

Market Liquidity

  • Active Listings0
  • Sales Last 12 Months1
  • Sell-Through33%

Market Snapshot

  • Active Listings0
  • Avg Sale Price$138,500
  • Avg Mileage at Sale
  • Recent Price Range$109,000 – $162,500
  • Total Sales Tracked3

Recent sales

  • $162,500

    Collecting Cars · 18 Dec 2025

  • $109,000

    Collecting Cars · 29 May 2025

  • $144,000

    Collecting Cars · 8 Apr 2025

Indicative only — not investment advice. Past performance is not a reliable indicator of future value.