Property value increases in Braybrook have tracked just higher than the VIC average of 8.12% over the last 12 months.
Comparing Braybrook,3019 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.00% offered to property buyers. Sellers in Braybrook itself are offering an average vendor discount of -3.77% to real estate investors.
A $320 per week rent on the median house gives suburb investors a gross yield of circa 2.68%, without taking into account capital value appreciation, which has been averaging out at 10.87%.
Property value increases in Braybrook have tracked close to the VIC average of 2.98% 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.
Sellers are offering property buyers an average discount of -5.32% to buyers in Braybrook at the moment, which is less than average for the rest of VIC.
Using the current median advertised rental of $337.5 and the average annual increase in value of a median property of 6.84%, investors should hope to achieve an overall return of 4.03%