Property value increases in Cranbourne West have tracked higher than the VIC average of 8.12% over the last 12 months.
Cranbourne West,3977 has offered an average of 17.14% return per annum in house price rises to property investors over the last three years.
At number 290th of VIC’s most discounted properties, Cranbourne West is in the middle of the state/territory when listing in order of most discounted to least.
Using the current median advertised rental of $350 and the average annual increase in value of a median property of 6.29%, investors should hope to achieve an overall return of 4.44%
If you compare the increase in value of investment property in Cranbourne West, 3977 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 16.23%.