Cremorne has had a very poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of -3.47% to date .
The five-year average increase in median property values for Cremorne,3121 has given property investors a potential capital gain of 36.99% across each of those five years.
Cremorne, 3121’s gross rental yield is 3.22%
VIC has seen average median house prices change by 4.26% which means that Cremorne, 3121 has done well for property investors by showing a capital gain of -16.17% over the last year
A -12.65% growth in median value for property investors in Cremorne,3121 puts this suburb at number 260th in terms of best performing suburbs in VIC
Property investors looking for a bargain in Cremorne should be aiming for at least -10.01% off the asking price, which is the average vendor discount being achieved at the moment.
Property investors should expect to get $465 weekly from the median priced house in this suburb.