Property value increases in Cranbourne North have tracked just higher than the VIC average of 9.04% over the last 12 months.
Cranbourne North,3977 has offered an average of 11.77% return per annum in house price rises to property investors over the last three years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Cranbourne North, 3977. Typically our figures indicate that -8.74% is being offered, which puts this VIC suburb at 569th most discounted overall in Australia.
On average over the past year, suburb has had 37.08 sales per month, which equates to 445 per year.
Advertised rents are around the $360 mark per week – giving a return of 4.09% based on the median price in Suburb
At number 666th in the list of Australian suburbs ordered by increase in median house value over the last year, Cranbourne North, 3977 is in the top 40% with a property value increase of 5.12% recorded in median house prices.
The five-year average increase in median property values for Cranbourne North,3977 has given property investors a potential capital gain of 20.43% across each of those five years.
Cranbourne North, 3977 is offering VIC ‘s 36th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this VIC.
Situated 37.30km from the CBD, Cranbourne North is one of Casey localities in the postcode 3977.