Cranebrook is an average performer in NSW when comparing median price capital growth over the last year. Cranebrook gave property investors a average capital gain figure when compared to the rest of the state, with 8.49%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Cranebrook has increased when compared to the 5 year average annual rate.
Sellers are offering property buyers an average discount of -5.37% to buyers in Cranebrook at the moment, which is less than average for the rest of NSW.
Investment property in Cranebrook has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 4.73%
When looking at the potential capital gains offered to property investors over the last 3 years, Cranebrook comes in at number 86th in NSW.
In the last year 24 properties changed hands in Cranebrook, which puts it as the 409th most active market in NSW when comparing the number of sales per suburb.
A $410 per week rent on the median house gives suburb investors a gross yield of circa 4.44%, without taking into account capital value appreciation, which has been averaging out at 6.41%.