Giving property investors a a solid capital gain of 16.37% for the last year, Cranbourne, 3977 is the 607th highest performer in Australia in this respect.
The five-year average increase in median property values for Cranbourne,3977 has given property investors a potential capital gain of 36.29% across each of those five years.
Cranbourne3977 is located in VIC which offers an average discount of -5.71% to property investors. Cranbourne itself is showing figures that indicate -4.42% is the average achievable by property buyers investing in the suburb.
Advertised rents are around the $340 mark per week – giving a return of 4.11% based on the median price in Suburb
Property investors who have had real estate in Cranbourne, 3977 should be relatively pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 6.83%
Across a shorter period, Cranbourne, 3977 has seen a median price increase of 2.41% over the last quarter.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Cranbourne, 3977. Typically our figures indicate that -4.28% is being offered, which puts this VIC suburb at 947th most discounted overall in Australia.
Property investors should expect to get $295 weekly from the median priced house in this suburb.