If you compare the increase in value of investment property in Creswick, 3363 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this VIC suburb was 4.25%.
Creswick,3363 has offered an average of 4.25% return per annum in house price rises to property investors over the last three years.
Property investors looking for a bargain in Creswick should be aiming for at least -6.54% off the asking price, which is the average vendor discount being achieved at the moment.
Residents and property investors in Creswick have been waiting around 97.86 days to sell a property.
A $260 per week rent on the median house gives suburb investors a gross yield of circa 5.01%, without taking into account capital value appreciation, which has been averaging out at 4.12%.