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CranebrookCranebrook - SUBURB PROFILE REPORT
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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 Price | $680,000 | $552,500 |
| GROWTH REPORT | ||
| Median Quarterly | 4.62% | 5.24% |
| 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% |
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