VIC has seen average median house prices change by 8.13% which means that Cremorne, 3121 has done well for property investors by showing a capital gain of 12.25% over the last year
Cremorne,3121 has offered an average of 12.25% return per annum in house price rises to property investors over the last three years.
Cremorne is 414th on a list of best yielding suburbs for rents in VIC with a 3.03% return
At number 1666th 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 -17.41% recorded in median house prices.
Over the longer term, Cremorne has seen property prices show investors a -26.09% return over the last 3 years. This is an improvement over the last 12 months
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.33% offered to property buyers. Sellers in Cremorne itself are offering an average vendor discount of -9.60% to real estate investors.
Often selling an investment property can take time, and in Cremorne the average time real estate has been on the market is 63 days.
Cremorne is 76th on a list of best yielding suburbs for rents in VIC with a 5.05% return