Giving property investors a a solid capital gain of 19.55% for the last year, Crib Point, 3919 is the 341th highest performer in Australia in this respect.
Over the longer term, Crib Point has seen property prices show investors a 65.22% return over the last 3 years. This is worse than over the last 12 months
Crib Point, 3919 is offering VIC ‘s 274th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this VIC.
Crib Point is 384th on a list of best yielding suburbs for rents in VIC with a 3.38% return
Over the last year, property investments in Crib Point, 3919 have given investors a capital gain of 21.22%. This compares very favourably with the 4.59% for VIC as a whole.
Crib Point,3919 was ranked 971 in Australia by increase in median property value over the quarter.
The most recent median price for Crib Point is $397000, with sellers offering an average of -2.30% off the asking price.
On average over the past year, suburb has had 2.58 sales per month, which equates to 31 per year.
Advertised rents are around the $335 mark per week – giving a return of 4.39% based on the median price in Suburb
With the median house price coming in at $450,000 and average returns at 4.2%, the suburb of Crib Point is a growing suburb that’s ideal for investors looking to enter the Victoria marketFull summary
Information supplied by:
Train hub picks up
Median house price: $450,000
Three-year growth: 34.7%
Rental yield: 4.2%
With the median house price coming in at $450,000 and average returns at 4.2%, the suburb of Crib Point is a growing suburb that’s ideal for investors looking to enter the Victoria market.
House prices shot up by 21.6% over the previous year, and dwellings spent an average of only 43 days on the market. Sellers are unloading houses at an average discount rate of 3.4%, indicating that there is good demand.
Crib Point is one of several suburbs that make up the urban enclave on Western Port, along with Bittern, Hastings, Tyabb and Somerville. It’s a public transport hub that houses the Morradoo, Crib Point and Stony Point railway stations, with Stony Point station serving as the terminus of the Stony Point Line.Close