CRANBROOK ranks 800th in QLD when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of -7.06% for the past year is lower than average compared to its -20% growth within a five-year period.
Also in CRANBROOK, the median home price is sitting at $250,000, and the average rent at $290, this suggests property owners could potentially earn a 6.03% increase in gross rental yield.
Property investors have seen a -3.68% drop in CRANBROOK based on a decrease 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 -2.37% decrease over a ten-year period. It ranks 3923rd on our list of suburbs that property investors should look into.