Investment property in Mccrae has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 13.11%
A 14.07% growth in median value for property investors in Mccrae,3938 puts this suburb at number 43th in terms of best performing suburbs in VIC
At number 212th of VIC’s most discounted properties, Mccrae is in the bottom 40% of the state/territory when listing in order of most discounted to least.
With the median price for a house in Mccrae being $673000 and the advertised rent reaching $400 the gross rental yield for property investors calculates out to be 3.09%
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.14% offered to property buyers. Sellers in Mccrae itself are offering an average vendor discount of -1.53% to real estate investors.