Property investors who have had real estate in Creswick, 3363 should be relatively unhappy with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 0.09%
Comparing Creswick,3363 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Creswick, 3363. Typically our figures indicate that -4.98% is being offered, which puts this VIC suburb at 2572th most discounted overall in Australia.
Often selling an investment property can take time, and in Creswick the average time real estate has been on the market is 82.73 days.
A $262.5 per week rent on the median house gives suburb investors a gross yield of circa 5.08%, without taking into account capital value appreciation, which has been averaging out at 3.78%.