Investment property in Cremorne has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 22.00%
Comparing Cremorne,3121 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Cremorne, 3121’s gross rental yield is 2.60%
Cremorne has had a pretty average year for property investment returns compared to the rest of VIC, giving investors a capital gain of 5.53% to date .
If we look at median property appreciation over just the last three months, Cremorne has given property investors a paper return of 6.34%. This puts Suburb as 42 on a list of fastest fasting appreciating suburbs in VIC
Vendor discounting in Cremorne is giving property investors an average Vendor Discount of around -4.71%. This puts suburb at number 145th in VIC when ranking the most discounted suburbs.
On average over the past year, suburb has had 2.17 sales per month, which equates to 26 per year.
Property investors should expect to get $500 weekly from the median priced house in this suburb.