QLD has seen average median house prices change by 2.40% which means that Cranbrook, 4814 has done well for property investors by showing a capital gain of -4.70% over the last year
When looking at the potential capital gains offered to property investors over the last 3 years, Cranbrook comes in at number 757th in QLD.
Vendor discounting in Cranbrook is giving property investors an average Vendor Discount of around -9.73%. This puts suburb at number 137th in QLD when ranking the most discounted suburbs.
Advertised rents are around the $310 mark per week – giving a return of 5.88% based on the median price in Suburb
Cranbrook has had a very poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -8.68% to date .
Cranbrook,4814 was ranked 76 in Australia by increase in median property value over the quarter.
Cranbrook, 4814’s gross rental yield is 7.49%