Crib Point

POSTAL CODE: VIC, 3919

HOUSE

UNIT

Property investors enjoyed capital gains of 8.33% over the last 12 months in CRIB POINT, translating to lower returns compared with its peers in VIC.

A survey of average capital gains or median home price increase in suburbs across the country shows that the VIC suburb obtained a 9.27% growth over a ten-year period. It ranks 385th on our list of suburbs that property investors should look into.

CRIB POINT, 3919 has a capital gain of 8.33% for the past year, which is higher than average compared to its 23.68% growth within a five-year period.

With the median home price in CRIB POINT sitting at $763,750, and the average rent at $585, property owners could potentially earn a 3.98% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in CRIB POINT are low, as opposed to average gains per annum over the past five years.

CRIB POINT, 3919 in VIC belongs to the local government area of Mornington Peninsula.

Based on its average 5-year and quarterly capital gains CRIB POINT, 3919 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that the VIC suburb obtained a 8.58% growth over a ten-year period. It ranks 189th on our list of suburbs that property investors should look into.

CRIB POINT, 3919 in VIC belongs to the local government area of Mornington Peninsula.

CRIB POINT, 3919 has a capital gain of 19.05% for the past year, which is higher than average compared to its 55.47% growth within a five-year period.

With the median home price in CRIB POINT sitting at $625,000, and the average rent at $515, property owners could potentially earn a 4.28% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in CRIB POINT are low, as opposed to average gains per annum over the past five years.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$763,750	$625,000
Growth Report
Median Quarterly	4.62%	2.46%
Median 12 month	8.33%	19.05%
Median 3 years	3.91%	11.61%
Median 5 years	23.68%	55.47%
10 years average annual	9.27%	8.58%
Weekly media advert. rent	$585	$515
Time on Market	76.2 days	35.6 days
Gross Rental Yield Percent	3.98%	4.28%

Demographics (Median Values)*

Total Population 3183

Weekly Household Income 1167

Household Size 2.50

Average Age 38

Monthly Loan Repayment 1449

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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