With a capital gain of 7.45% for the last 12 months, Craigieburn, 3064 has performed for property investments than its average annual 5.54% property growth over the last 5 years.
The five-year average increase in median property values for Craigieburn,3064 has given property investors a potential capital gain of 11.96% across each of those five years.
Our latest figures would indicate that property sellers in Craigieburn are currently offering property investors an average price cut of -4.58% below the asking price at the moment.
The VIC suburb of Craigieburn, 3064 is in the Hume local government area.
Craigieburn, 3064 ranked 228th in VIC when comparing growth in median property values or capital gain over the last 12 months. Craigieburn is one of 2098 in our list for VIC
While Craigieburn,3064 ranked number 119th in VIC for increase in median house value (annualised) increase, it is ranked 324th over the last 5 years.
Property buyers and investors in Craigieburn 3064 should be seeing an average reduction in asking price of around -5.84% . This means that Craigieburn is holding prices well when compared to other suburbs in VIC.
Advertised rents are around the $311 mark per week – giving a return of 4.90% based on the median price in Suburb