Property investors who have had real estate in Mccrae, 3938 should be relatively 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 8.94%
Taking the average capital gain, or increase in median house value, Mccrae,3938 has racked up an average of 8.94% over the period. This ranks it number 1454th in the whole country for real estate investors looking at median house price increases.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.00% offered to property buyers. Sellers in Mccrae itself are offering an average vendor discount of -6.93% to real estate investors.
VIC has seen average median house prices change by 2.98% which means that Mccrae, 3938 has done well for property investors by showing a capital gain of 29.17% over the last year
LACK OF BUYER INTEREST may well be the reason that Mccrae is offering property investors an average of -5.08. This rate of discount on properties puts Suburb at number 324th in terms of most discounted suburbs in VIC