Investment property in Cremorne has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 4.17%
Taking the average capital gain, or increase in median house value, Cremorne,3121 has racked up an average of 4.17% over the period. This ranks it number 915th in the whole country for real estate investors looking at median house price increases.
Property investors who have had real estate in Cremorne, 3121 should be unhappy with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -5.26%
When looking at the potential capital gains offered to property investors over the last 3 years, Cremorne comes in at number 352th in VIC.
Our latest figures would indicate that property sellers in Cremorne are currently offering property investors an average price cut of -9.81% below the asking price at the moment.
Cremorne is 152th on a list of best yielding suburbs for rents in VIC with a 4.44% return