Property value increases in Cranbourne have tracked just higher than the VIC average of 6.28% over the last 12 months.
Comparing Cranbourne,3977 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
At number 428th of VIC’s most discounted properties, Cranbourne is in the TOP 40% of the state/territory when listing in order of most discounted to least.
Often selling an investment property can take time, and in Cranbourne the average time real estate has been on the market is 41.81 days.
Cranbourne, 3977’s gross rental yield is 3.47%
Property investors who have had real estate in Cranbourne, 3977 should be 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 15.10%
When looking at the potential capital gains offered to property investors over the last 3 years, Cranbourne comes in at number 37th in VIC.
Property buyers and investors in Cranbourne 3977 should be seeing an average reduction in asking price of around -3.46% . This means that Cranbourne is holding prices well when compared to other suburbs in VIC.
Renters in Suburb are facing rents around $16640 per annum or $320 every week.