Property value increases in Braybrook have tracked just higher than the VIC average of 8.23% over the last 12 months.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Braybrook has increased when compared to the 5 year average annual rate.
Vendor discounting in Braybrook is giving property investors an average Vendor Discount of around -5.13%. This puts suburb at number 361th in VIC when ranking the most discounted suburbs.
A $320 per week rent on the median house gives suburb investors a gross yield of circa 2.97%, without taking into account capital value appreciation, which has been averaging out at 10.56%.
Property investors who have had real estate in Braybrook, 3019 should be pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 24.79%
Comparing Braybrook,3019 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Braybrook3019 is located in VIC which offers an average discount of -5.27% to property investors. Braybrook itself is showing figures that indicate -4.30% is the average achievable by property buyers investing in the suburb.
In the last year 56 properties changed hands in Braybrook, which puts it as the 161th most active market in VIC when comparing the number of sales per suburb.
Property investors should expect to get $337.5 weekly from the median priced house in this suburb.