Property value increases in Cranbourne have tracked higher than the VIC average of 10.83% over the last 12 months.
A 44.44% growth in median value for property investors in Cranbourne,3977 puts this suburb at number 110th in terms of best performing suburbs in VIC
Cranbourne, 3977 is offering VIC ‘s 373th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this VIC.
Cranbourne is 254th on a list of best yielding suburbs for rents in VIC with a 3.89% return
Cranbourne is in the TOP 30% in VIC when comparing median price capital growth over the last year. Cranbourne gave property investors a good capital gain figure when compared to the rest of the state, with 11.48%.
If we look at median property appreciation over just the last three months, Cranbourne has given property investors a paper return of 5.54%. This puts Suburb as 49 on a list of fastest fasting appreciating suburbs in VIC
Sellers are offering property buyers an average discount of -3.67% to buyers in Cranbourne at the moment, which is less than average for the rest of VIC.
Often selling an investment property can take time, and in Cranbourne the average time real estate has been on the market is 35.63 days.
Cranbourne, 3977’s gross rental yield is 4.91%