If you compare the increase in value of investment property in Brunswick West, 3055 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 18.49%.
Brunswick West,3055 has offered an average of 18.49% return per annum in house price rises to property investors over the last three years.
Our latest figures would indicate that property sellers in Brunswick West are currently offering property investors an average price cut of -2.57% below the asking price at the moment.
Using the current median advertised rental of $530 and the average annual increase in value of a median property of 9.61%, investors should hope to achieve an overall return of 2.58%
Giving property investors a an unimpressive capital gain of -4.70% for the last year, Brunswick West, 3055 is the 1388th highest performer in Australia in this respect.
A 2.89% growth in median value for property investors in Brunswick West,3055 puts this suburb at number 132th in terms of best performing suburbs in VIC
Property investors looking for a bargain in Brunswick West should be aiming for at least -3.22% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 180 properties changed hands in Brunswick West, which puts it as the 43th most active market in VIC when comparing the number of sales per suburb.
Advertised rents are around the $340 mark per week – giving a return of 4.42% based on the median price in Suburb