Cranbrook has had a very poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -0.85% to date .
Cranbrook,4814 has offered an average of -0.85% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Cranbrook is offering property investors an average of -5.19. This rate of discount on properties puts Suburb at number 52th in terms of most discounted suburbs in QLD
With the median price for a house in Cranbrook being $262000 and the advertised rent reaching $337.5 the gross rental yield for property investors calculates out to be 6.70%
The QLD suburb of Cranbrook, 4814 is in the Townsville (C) local government area.