Over the last year, property investments in Crib Point, 3919 have given investors a capital gain of 21.46%. This compares very favourably with the 8.27% for VIC as a whole.
Crib Point,3919 was ranked 1139 in Australia by increase in median property value over the quarter.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.91% offered to property buyers. Sellers in Crib Point itself are offering an average vendor discount of -5.99% to real estate investors.
Residents and property investors in Crib Point have been waiting around 78.84 days to sell a property.
Crib Point is 199th on a list of best yielding suburbs for rents in VIC with a 4.38% return
Property investors who have had real estate in Crib Point, 3919 should be ok 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 2.16%
Over the longer term, Crib Point has seen property prices show investors a 5.36% return over the last 3 years. This is worse than over the last 12 months
Sellers are offering property buyers an average discount of -4.15% to buyers in Crib Point at the moment, which is less than average for the rest of VIC.
Situated 63.78km from the CBD, Crib Point is one of Mornington Peninsula localities in the postcode 3919.