Property investors who have had real estate in Crib Point, 3919 should be pleased 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 18.68%
When looking at the potential capital gains offered to property investors over the last 3 years, Crib Point comes in at number 350th in VIC.
Vendor discounting in Crib Point is giving property investors an average Vendor Discount of around -5.92%. This puts suburb at number 264th in VIC when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Crib Point the average time real estate has been on the market is 79.44 days.
Crib Point, 3919’s gross rental yield is 4.35%
Crib Point, 3919 ranked 213th in VIC when comparing growth in median property values or capital gain over the last 12 months. Crib Point is one of 2098 in our list for VIC
Crib Point,3919 has offered an average of 1.30% return per annum in house price rises to property investors over the last three years.
Property investors looking for a bargain in Crib Point should be aiming for at least -4.00% off the asking price, which is the average vendor discount being achieved at the moment.
A $300 per week rent on the median house gives suburb investors a gross yield of circa 5.33%, without taking into account capital value appreciation, which has been averaging out at 3.56%.