If you compare the increase in value of investment property in Cranbourne, 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 12.03%.
A 17.12% growth in median value for property investors in Cranbourne,3977 puts this suburb at number 295th in terms of best performing suburbs in VIC
At number 514th of VIC’s most discounted properties, Cranbourne is in the TOP 20% of the state/territory when listing in order of most discounted to least.
Using the current median advertised rental of $330 and the average annual increase in value of a median property of 5.77%, investors should hope to achieve an overall return of 4.44%
Giving property investors a an unimpressive capital gain of 0.27% for the last year, Cranbourne, 3977 is the 1100th highest performer in Australia in this respect.
Cranbourne,3977 has offered an average of 0.27% return per annum in house price rises to property investors over the last three years.
The most recent median price for Cranbourne is $280750, with sellers offering an average of -5.42% off the asking price.