At number 3530th in the list of Australian suburbs ordered by increase in median house value over the last year, Cranbrook, 4814 is in the BOTTOM 20% with a property value increase of -5.61% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Cranbrook,4814 has racked up an average of -5.61% over the period. This ranks it number 3875th in the whole country for real estate investors looking at median house price increases.
Property investors looking for a bargain in Cranbrook should be aiming for at least -10.61% off the asking price, which is the average vendor discount being achieved at the moment.
The QLD suburb of Cranbrook, 4814 is in the Townsville local government area.