Giving property investors a a solid capital gain of 12.91% for the last year, Cranbourne North, 3977 is the 754th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Cranbourne North,3977 has racked up an average of 12.91% over the period. This ranks it number 1700th in the whole country for real estate investors looking at median house price increases.
Cranbourne North3977 is located in VIC which offers an average discount of -5.91% to property investors. Cranbourne North itself is showing figures that indicate -7.97% is the average achievable by property buyers investing in the suburb.
With the median price for a house in Cranbourne North being $446000 and the advertised rent reaching $360 the gross rental yield for property investors calculates out to be 4.20%
Cranbourne North, 3977 ranked 179th in VIC when comparing growth in median property values or capital gain over the last 12 months. Cranbourne North is one of 2098 in our list for VIC
While Cranbourne North,3977 ranked number 71th in VIC for increase in median house value (annualised) increase, it is ranked 323th over the last 5 years.
Vendor discounting in Cranbourne North is giving property investors an average Vendor Discount of around -13.44%. This puts suburb at number 2nd in VIC when ranking the most discounted suburbs.
In the last year 18 properties changed hands in Cranbourne North, which puts it as the 314th most active market in VIC when comparing the number of sales per suburb.