Cranbourne North, 3977 ranked 161th in VIC when comparing growth in median property values or capital gain over the last 12 months. Cranbourne North is one of 2098 in our list for VIC
Across a shorter period, Cranbourne North, 3977 has seen a median price increase of 5.33% 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 Cranbourne North, 3977. Typically our figures indicate that -6.38% is being offered, which puts this VIC suburb at 1271th most discounted overall in Australia.
Renters in Suburb are facing rents around $4440 per annum or $370 every week.
If you compare the increase in value of investment property in Cranbourne North, 3977 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 20.64%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Cranbourne North has increased when compared to the 5 year average annual rate.
Cranbourne North is 146th on a list of best yielding suburbs for rents in VIC with a 4.33% return