Property investors who have had real estate in Cranbourne North, 3977 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 16.28%
Across a shorter period, Cranbourne North, 3977 has seen a median price increase of 6.38% over the last quarter.
The most recent median price for Cranbourne North is $500000, with sellers offering an average of -6.38% off the asking price.
Cranbourne North, 3977’s gross rental yield is 3.85%
With a capital gain of 17.83% for the last 12 months, Cranbourne North, 3977 has performed for property investments than its average annual 7.64% property growth over the last 5 years.
When looking at the potential capital gains offered to property investors over the last 3 years, Cranbourne North comes in at number 256th in VIC.