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Investment Property Cranbrook, QLD, 4814

Suburb Snapshot

Cranbrook is a suburb in the Townsville Region of Queensland. Cranbrook has a population of 5,915 people and 27.20% of its occupants live in rental accommodation. The median listing price for houses is $499,000 and this has changed 31.66% over the past year and changed 44.63% over 2 years.

The median rent in Cranbrook for houses is $495 per week and the median rental yield is 5.15%. Stock on the market for houses/townhouses has changed -51.72% compared to last year and the average time to sell a house/townhouse is 68 days.The median listing price for units is $239,000 and this has changed 32.77% over the past year. The average unit takes 115 days to sell and the median rent for a unit in Cranbrook is $340 per week, producing a rental yield of 7.39%.

Supply & Demand in Cranbrook, Townsville

0.81%

Current vacancy rate


21

Rental stock available


5,915

Population


27.20%

Rental population


0.95%

Current vacancy rate


843

Rental stock available


186,757

Population


32.61%

Rental population


0.87%

Current vacancy rate


20,720

Rental stock available


4,703,187

Population


29.39%

Rental population


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Statistical data for Cranbrook, Townsville

  House Townhouses Units
Median listing price $499,000 NA $239,000
Median price change - last quarter 2.78% NA 14.08%
Median price change - 1 year 31.66% NA 32.77%
Median price change - 2 years 44.63% NA 26.45%
  House Townhouses Units
Median weekly rent $495 NA $340
Median yield % 5.15% NA 7.39%
Median rent change - 1 year 12.50% NA 6.25%
  House Units
Previous month sales 3 2
Stock on market previous month 14 6
Stock variance vs. last year -51.72% 0.00%
Average days on market 68 115

Cranbrook investment property listings

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