Over the last year, property investments in Cranbourne West, 3977 have given investors a capital gain of 23.23%. This compares very favourably with the 11.73% for VIC as a whole.
Comparing Cranbourne West,3977 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property buyers and investors in Cranbourne West 3977 should be seeing an average reduction in asking price of around -2.71% . This means that Cranbourne West is holding prices well when compared to other suburbs in VIC.
A $360 per week rent on the median house gives suburb investors a gross yield of circa 3.81%, without taking into account capital value appreciation, which has been averaging out at 7.99%.