At number 2423th in the list of Australian suburbs ordered by increase in median house value over the last year, Cremorne, 3121 is in the BOTTOM 50% with a property value increase of 2.34% recorded in median house prices.
Cremorne,3121 has offered an average of 2.34% return per annum in house price rises to property investors over the last three years.
In the last year 29 properties changed hands in Cremorne, which puts it as the 524th most active market in VIC when comparing the number of sales per suburb.
Cremorne, 3121’s gross rental yield is 3.18%
At number 1662th in the list of Australian suburbs ordered by increase in median house value over the last year, Cremorne, 3121 is in the BOTTOM 10% with a property value increase of -15.58% recorded in median house prices.
The five-year average increase in median property values for Cremorne,3121 has given property investors a potential capital gain of -11.28% across each of those five years.
Vendor discounting in Cremorne is giving property investors an average Vendor Discount of around -11.14%. This puts suburb at number 7th in VIC when ranking the most discounted suburbs.
On average over the past year, suburb has had 2.50 sales per month, which equates to 30 per year.
Cremorne is 181th on a list of best yielding suburbs for rents in VIC with a 4.17% return