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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 $500,000 and this has changed 28.20% over the past year and changed 44.30% over 2 years.

The median rent in Cranbrook for houses is $495 per week and the median rental yield is 5.14%. Stock on the market for houses/townhouses has changed -22.73% compared to last year and the average time to sell a house/townhouse is 70 days.The median listing price for units is $239,500 and this has changed 33.05% over the past year. The average unit takes 113 days to sell and the median rent for a unit in Cranbrook is $360 per week, producing a rental yield of 7.81%.

Supply & Demand in Cranbrook, Townsville

1.00%

Current vacancy rate


26

Rental stock available


5,915

Population


27.20%

Rental population


0.96%

Current vacancy rate


851

Rental stock available


186,757

Population


32.61%

Rental population


0.87%

Current vacancy rate


20,766

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 $500,000 NA $239,500
Median price change - last quarter 2.78% NA 14.08%
Median price change - 1 year 28.20% NA 33.05%
Median price change - 2 years 44.30% NA 24.73%
  House Townhouses Units
Median weekly rent $495 NA $360
Median yield % 5.14% NA 7.81%
Median rent change - 1 year 10.00% NA 12.50%
  House Units
Previous month sales 2 1
Stock on market previous month 17 5
Stock variance vs. last year -22.73% -37.50%
Average days on market 70 113

Cranbrook investment property listings

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