How Much Of The Housing Market Can You Afford?
Aussies can no longer rely on their incomes and savings alone to fund a property purchase, as prices soar and incomes st...
The suburb’s capital gain of 9.68% for the past year is higher than average compared to its 18.88% growth within a five-year period.
Also in CRANEBROOK, the median home price is sitting at $680,000, and the average rent at $450, this suggests property owners could potentially earn a 3.44% increase in gross rental yield.
Property investors have seen a 4.62% gain in CRANEBROOK based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 7.1% growth over a ten-year period. It ranks 538th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||9.68%||7.59%|
|Median 3 years||0.52%||5.34%|
|Median 5 years||18.88%||20.11%|
|10 years average annual||7.1%||6.44%|
|Weekly media advert. rent||$450||$345|
|Time on Market||28.1 days||0.0 days|
|Gross Rental Yield Percent||3.44%||3.25%|