NSW has seen average median house prices change by 6.38% which means that Cremorne, 2090 has done well for property investors by showing a capital gain of 6.90% over the last year
A 41.94% growth in median value for property investors in Cremorne,2090 puts this suburb at number 223th in terms of best performing suburbs in NSW
LACK OF BUYER INTEREST may well be the reason that Cremorne is offering property investors an average of -5.50. This rate of discount on properties puts Suburb at number 273th in terms of most discounted suburbs in NSW
On average over the past year, suburb has had 4.67 sales per month, which equates to 56 per year.
Renters in Suburb are facing rents around $15300 per annum or $1275 every week.
At number 241th in the list of Australian suburbs ordered by increase in median house value over the last year, Cremorne, 2090 is in the top 20% with a property value increase of 13.62% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, Cremorne comes in at number 222th in NSW.
Cremorne, 2090 is offering NSW ‘s 369th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this NSW.
Property investors should expect to get $650 weekly from the median priced house in this suburb.