At number 984th in the list of Australian suburbs ordered by increase in median house value over the last year, Craigieburn, 3064 is in the top 20% with a property value increase of 25.00% recorded in median house prices.
If we look at median property appreciation over just the last three months, Craigieburn has given property investors a paper return of 11.00%. This puts Suburb as 333 on a list of fastest fasting appreciating suburbs in VIC
Property buyers and investors in Craigieburn 3064 should be seeing an average reduction in asking price of around 0.00% . This means that Craigieburn is holding prices well when compared to other suburbs in VIC.
Often selling an investment property can take time, and in Craigieburn the average time real estate has been on the market is 0 days.
Using the current median advertised rental of $880 and the average annual increase in value of a median property of 10.45%, investors should hope to achieve an overall return of 7.53%
Over the last year, property investments in Craigieburn, 3064 have given investors a capital gain of 21.00%. This compares badly with the 22.48% for VIC as a whole.
Comparing Craigieburn,3064 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
Craigieburn3064 is located in VIC which offers an average discount of -2.09% to property investors. Craigieburn itself is showing figures that indicate -4.25% is the average achievable by property buyers investing in the suburb.
Situated 25.43km from the CBD, Craigieburn is one of Hume (C) localities in the postcode 3064.