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Crib Point
AREA REPORTS

Crib Point

Crib Point - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3919

house

Property investors enjoyed capital gains of 12.26% 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 6.51% growth over a ten-year period. It ranks 657th on our list of suburbs that property investors should look into.

CRIB POINT, 3919 has a capital gain of 12.26% for the past year, which is lower than average compared to its 75% growth within a five-year period.

With the median home price in CRIB POINT sitting at $595,000, and the average rent at $382.5, property owners could potentially earn a 3.34% 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 (S).

Data report can be found below

Crib Point
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $595,000 N/A
GROWTH REPORT
Median Quarterly 6.25% N/A
Median 12 month 12.26% N/A
Median 3 years 19% N/A
Median 5 years 75% N/A
10 years average annual 6.51% N/A
Weekly media advert. rent $382.5 N/A
Time on Market 51.2 days N/A
Gross Rental Yield Percent 3.34% N/A
demographics (median values)*
Total Population
3183
Weekly Household Income
1167
Household Size
2.50
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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