Cranbourne, 3977 ranked 265th in VIC when comparing growth in median property values or capital gain over the last 12 months. Cranbourne is one of 2098 in our list for VIC
Comparing Cranbourne,3977 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
At number 526th 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.
Often selling an investment property can take time, and in Cranbourne the average time real estate has been on the market is 36.45 days.
Renters in Suburb are facing rents around $3960 per annum or $330 every week.
VIC has seen average median house prices change by 3.56% which means that Cranbourne, 3977 has done well for property investors by showing a capital gain of 0.09% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Cranbourne has increased when compared to the 5 year average annual rate.
Property buyers and investors in Cranbourne 3977 should be seeing an average reduction in asking price of around -5.92% . This means that Cranbourne is holding prices well when compared to other suburbs in VIC.
Often selling an investment property can take time, and in Cranbourne the average time real estate has been on the market is 53.94 days.