If you compare the increase in value of investment property in Crib Point, 3919 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 21.57%.
When looking at the potential capital gains offered to property investors over the last 3 years, Crib Point comes in at number 351th in VIC.
Property buyers and investors in Crib Point 3919 should be seeing an average reduction in asking price of around -5.57% . This means that Crib Point is holding prices well when compared to other suburbs in VIC.
At number 1041 in a list of fastest selling suburbs, Crib Point is in the TOP 30% of suburbs in Australia with an average of days on market 59.85 for properties listed there.
A $350 per week rent on the median house gives suburb investors a gross yield of circa 4.24%, without taking into account capital value appreciation, which has been averaging out at 6.75%.
At number 849th in the list of Australian suburbs ordered by increase in median house value over the last year, Crib Point, 3919 is in the top half with a property value increase of 3.45% recorded in median house prices.
Crib Point,3919 was ranked 872 in Australia by increase in median property value over the quarter.
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 Crib Point, 3919. Typically our figures indicate that -3.64% is being offered, which puts this VIC suburb at 1143th most discounted overall in Australia.
A $300 per week rent on the median house gives suburb investors a gross yield of circa 5.20%, without taking into account capital value appreciation, which has been averaging out at 3.46%.