Mccrae is in the bottom 30% in VIC when comparing median price capital growth over the last year. Mccrae gave property investors a disappointing capital gain figure when compared to the rest of the state, with 3.42%.
Over the longer term, Mccrae has seen property prices show investors a 10.00% return over the last 3 years. This is worse than over the last 12 months
The most recent median price for Mccrae is $605000, with sellers offering an average of -7.11% off the asking price.
Often selling an investment property can take time, and in Mccrae the average time real estate has been on the market is 74.43 days.
Property buyers and investors in Mccrae 3938 should be seeing an average reduction in asking price of around -1.53% . This means that Mccrae is holding prices well when compared to other suburbs in VIC.
On average over the past year, suburb has had 0.92 sales per month, which equates to 11 per year.