If you compare the increase in value of investment property in Browns Plains, 4118 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this QLD suburb was 6.09%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Browns Plains has increased when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Browns Plains is offering property investors an average of -7.32. This rate of discount on properties puts Suburb at number 410th in terms of most discounted suburbs in QLD
On average over the past year, suburb has had 6.92 sales per month, which equates to 83 per year.
Advertised rents are around the $350 mark per week – giving a return of 5.28% based on the median price in Suburb
QLD has seen average median house prices change by 0.98% which means that Browns Plains, 4118 has done well for property investors by showing a capital gain of -18.34% over the last year
The five-year average increase in median property values for Browns Plains,4118 has given property investors a potential capital gain of -20.87% across each of those five years.
Property investors looking for a bargain in Browns Plains should be aiming for at least -5.38% off the asking price, which is the average vendor discount being achieved at the moment.
Situated 21.64km from the CBD, Browns Plains is one of Logan localities in the postcode 4118.