CREMORNE 3121
State: VICPosiProp AI Investment Summary
CREMORNE (VIC 3121) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.4% and has experienced a 12-month capital growth of Down -3.5%, with a median house buy price of $1,235,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$1,145,000
$1,510,000
$1,750,000
$1,235,000
Suburb Market Profile
Last month Cremorne had 15 properties available for rent and 22 properties for sale. Median property prices over the last year range from $1,235,000 for houses to $670,000 for units. If you are looking for an investment property, consider houses in Cremorne rent out for $830 PW with an annual rental yield of 3.4% and units rent for $675 PW with a rental yield of 5.9%. Cremorne has seen an annual compound growth rate of -3.5% for houses and 18.6% for units.