Property value increases in Cranbrook have tracked lower than the QLD average of 2.45% over the last 12 months.
Over the longer term, Cranbrook has seen property prices show investors a -12.71% return over the last 3 years. This is an improvement over the last 12 months
LACK OF BUYER INTEREST may well be the reason that Cranbrook is offering property investors an average of -6.86. This rate of discount on properties puts Suburb at number 67th in terms of most discounted suburbs in QLD
On average over the past year, suburb has had 5.25 sales per month, which equates to 63 per year.
Advertised rents are around the $290 mark per week – giving a return of 5.78% based on the median price in Suburb