Investment property in Browns Plains has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.06%
The five-year average increase in median property values for Browns Plains,4118 has given property investors a potential capital gain of 22.27% across each of those five years.
Property investors looking for a bargain in Browns Plains should be aiming for at least -5.53% off the asking price, which is the average vendor discount being achieved at the moment.
A $350 per week rent on the median house gives suburb investors a gross yield of circa 5.20%, without taking into account capital value appreciation, which has been averaging out at 3.25%.
If you compare the increase in value of investment property in Browns Plains, 4118 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -5.36%.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Browns Plains, 4118. Typically our figures indicate that -5.25% is being offered, which puts this QLD suburb at 658th most discounted overall in Australia.
Property investors should expect to get $350 weekly from the median priced house in this suburb.