Crib Point has had a pretty average year for property investment returns compared to the rest of VIC, giving investors a capital gain of 8.07% to date .
When looking at the potential capital gains offered to property investors over the last 3 years, Crib Point comes in at number 470th in VIC.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.99% offered to property buyers. Sellers in Crib Point itself are offering an average vendor discount of -6.11% to real estate investors.
With the median price for a house in Crib Point being $358250 and the advertised rent reaching $330 the gross rental yield for property investors calculates out to be 4.79%
At number 478th in the list of Australian suburbs ordered by increase in median house value over the last year, Crib Point, 3919 is in the top 30% with a property value increase of 9.26% recorded in median house prices.
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 -4.72% is being offered, which puts this VIC suburb at 823th most discounted overall in Australia.
Advertised rents are around the $300 mark per week – giving a return of 5.29% based on the median price in Suburb