Cranbourne North is in the TOP 30% in VIC when comparing median price capital growth over the last year. Cranbourne North gave property investors a good capital gain figure when compared to the rest of the state, with 13.75%.
When looking at the potential capital gains offered to property investors over the last 3 years, Cranbourne North comes in at number 383th in VIC.
Property buyers and investors in Cranbourne North 3977 should be seeing an average reduction in asking price of around -8.36% . This means that Cranbourne North is holding prices well when compared to other suburbs in VIC.
In the last year 464 properties changed hands in Cranbourne North, which puts it as the 17th most active market in VIC when comparing the number of sales per suburb.
Situated 38.27km from the CBD, Cranbourne North is one of Casey localities in the postcode 3977.
At number 722th in the list of Australian suburbs ordered by increase in median house value over the last year, Cranbourne North, 3977 is in the top half with a property value increase of 4.67% recorded in median house prices.
Across a shorter period, Cranbourne North, 3977 has seen a median price increase of 0.76% over the last quarter.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.07% offered to property buyers. Sellers in Cranbourne North itself are offering an average vendor discount of -13.44% to real estate investors.
The VIC suburb of Cranbourne North, 3977 is in the Casey local government area.