Over the last year, property investments in Cranbrook, 4814 have given investors a capital gain of -7.83%. This compares very badly with the 2.41% for QLD as a whole.
When looking at the potential capital gains offered to property investors over the last 3 years, Cranbrook comes in at number 765th in QLD.
Our latest figures would indicate that property sellers in Cranbrook are currently offering property investors an average price cut of -11.43% below the asking price at the moment.
Often selling an investment property can take time, and in Cranbrook the average time real estate has been on the market is 105.84 days.
Using the current median advertised rental of $290 and the average annual increase in value of a median property of -0.23%, investors should hope to achieve an overall return of 5.69%