Cranbrook is in the bottom 20% in QLD when comparing median price capital growth over the last year. Cranbrook gave property investors a dismal capital gain figure when compared to the rest of the state, with -7.02%.
Across a shorter period, Cranbrook, 4814 has seen a median price increase of -3.28% over the last quarter.
Property investors looking for a bargain in Cranbrook should be aiming for at least -11.18% off the asking price, which is the average vendor discount being achieved at the moment.
Residents and property investors in Cranbrook have been waiting around 109.83 days to sell a property.
Property investors who have had real estate in Cranbrook, 4814 should be relatively unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -2.08%
Over the longer term, Cranbrook has seen property prices show investors a -12.68% return over the last 3 years. This is an improvement over the last 12 months
Property buyers and investors in Cranbrook 4814 should be seeing an average reduction in asking price of around -16.59% . This means that Cranbrook is holding prices well when compared to other suburbs in QLD.
Cranbrook is 7th on a list of best yielding suburbs for rents in QLD with a 7.72% return