At number 565th in the list of Australian suburbs ordered by increase in median house value over the last year, Brunswick West, 3055 is in the top 20% with a property value increase of 14.37% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, Brunswick West comes in at number 144th in VIC.
Property investors looking for a bargain in Brunswick West should be aiming for at least -4.32% off the asking price, which is the average vendor discount being achieved at the moment.
Using the current median advertised rental of $515 and the average annual increase in value of a median property of 9.63%, investors should hope to achieve an overall return of 2.69%
Investment property in Brunswick West has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -3.56%
Comparing Brunswick West,3055 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Our latest figures would indicate that property sellers in Brunswick West are currently offering property investors an average price cut of -4.37% below the asking price at the moment.
With the median price for a house in Brunswick West being $399000 and the advertised rent reaching $335 the gross rental yield for property investors calculates out to be 4.37%