Cranebrook has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of -6.77% to date .
When looking at the potential capital gains offered to property investors over the last 3 years, Cranebrook comes in at number 855th in NSW.
Sellers are offering property buyers an average discount of -8.26% to buyers in Cranebrook at the moment, which is less than average for the rest of NSW.
At number 1165 in a list of fastest selling suburbs, Cranebrook is in the TOP 40% of suburbs in Australia with an average of days on market 66.3072 for properties listed there.
Situated 48.79km from the CBD, Cranebrook is one of Penrith (C) localities in the postcode 2749.
Investment property in Cranebrook has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -11.29%
If we look at median property appreciation over just the last three months, Cranebrook has given property investors a paper return of -2.60%. This puts Suburb as 342 on a list of fastest fasting appreciating suburbs in NSW
Vendor discounting in Cranebrook is giving property investors an average Vendor Discount of around -8.95%. This puts suburb at number 40th in NSW when ranking the most discounted suburbs.
With the median price for a house in Cranebrook being $487000 and the advertised rent reaching $440 the gross rental yield for property investors calculates out to be 4.70%