Browns Plains is in the TOP 30% in QLD when comparing median price capital growth over the last year. Browns Plains gave property investors a good capital gain figure when compared to the rest of the state, with 6.83%.
Across a shorter period, Browns Plains, 4118 has seen a median price increase of 2.69% over the last quarter.
The most recent median price for Browns Plains is $344000, with sellers offering an average of -6.75% off the asking price.
At number 177 in a list of fastest selling suburbs, Browns Plains is in the TOP 10% of suburbs in Australia with an average of days on market 39.39 for properties listed there.
Situated 21.66km from the CBD, Browns Plains is one of Logan localities in the postcode 4118.
Over the last year, property investments in Browns Plains, 4118 have given investors a capital gain of -21.04%. This compares very badly with the 1.12% for QLD as a whole.
Taking the average capital gain, or increase in median house value, Browns Plains,4118 has racked up an average of -21.04% over the period. This ranks it number 1672th in the whole country for real estate investors looking at median house price increases.
The most recent median price for Browns Plains is $264500, with sellers offering an average of -5.43% off the asking price.
Often selling an investment property can take time, and in Browns Plains the average time real estate has been on the market is 115.07 days.
Advertised rents are around the $340 mark per week – giving a return of 6.68% based on the median price in Suburb