Property value increases in Cremorne have tracked higher than the VIC average of 11.11% over the last 12 months.
Taking the average capital gain, or increase in median house value, Cremorne,3121 has racked up an average of 22.91% over the period. This ranks it number 607th in the whole country for real estate investors looking at median house price increases.
Property investors should expect to get $625 weekly from the median priced house in this suburb.
Giving property investors a an unimpressive capital gain of -3.95% for the last year, Cremorne, 3121 is the 1375th highest performer in Australia in this respect.
Across a shorter period, Cremorne, 3121 has seen a median price increase of -1.75% over the last quarter.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Cremorne, 3121. Typically our figures indicate that -3.99% is being offered, which puts this VIC suburb at 1055th most discounted overall in Australia.
Often selling an investment property can take time, and in Cremorne the average time real estate has been on the market is 91.66 days.
Property investors should expect to get $575 weekly from the median priced house in this suburb.