Over the last year, property investments in Cranbourne West, 3977 have given investors a capital gain of 18.24%. This compares very favourably with the 8.06% for VIC as a whole.
Taking the average capital gain, or increase in median house value, Cranbourne West,3977 has racked up an average of 18.24% over the period. This ranks it number 1502th in the whole country for real estate investors looking at median house price increases.
The most recent median price for Cranbourne West is $410000, with sellers offering an average of -5.62% off the asking price.
Over the last year, property investments in Cranbourne West, 3977 have given investors a capital gain of 16.23%. This compares very favourably with the 3.11% for VIC as a whole.
A $320 per week rent on the median house gives suburb investors a gross yield of circa 4.87%, without taking into account capital value appreciation, which has been averaging out at 1.17%.