Property investors who have had real estate in Crib Point, 3919 should be relatively pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 14.93%
The five-year average increase in median property values for Crib Point,3919 has given property investors a potential capital gain of 41.07% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Crib Point is offering property investors an average of -5.00. This rate of discount on properties puts Suburb at number 385th in terms of most discounted suburbs in VIC
The VIC suburb of Crib Point, 3919 is in the Mornington Peninsula local government area.
Crib Point, 3919 ranked 62th in VIC when comparing growth in median property values or capital gain over the last 12 months. Crib Point is one of 2098 in our list for VIC
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Crib Point has increased when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Crib Point is offering property investors an average of -4.58. This rate of discount on properties puts Suburb at number 293th in terms of most discounted suburbs in VIC
Often selling an investment property can take time, and in Crib Point the average time real estate has been on the market is 35.78 days.
Advertised rents are around the $320 mark per week – giving a return of 4.93% based on the median price in Suburb