Over the last year, property investments in Cremorne, 3121 have given investors a capital gain of 16.91%. This compares favourably with the 11.73% for VIC as a whole.
The VIC suburb of Cremorne, 3121 is in the Yarra local government area.
Investment property in Cremorne has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 12.39%
Over the longer term, Cremorne has seen property prices show investors a 5.83% return over the last 3 years. This is an improvement over the last 12 months
In the last year 20 properties changed hands in Cremorne, which puts it as the 298th most active market in VIC when comparing the number of sales per suburb.
A $520 per week rent on the median house gives suburb investors a gross yield of circa 4.26%, without taking into account capital value appreciation, which has been averaging out at 3.32%.