Brunswick West, 3055 ranked 87th in VIC when comparing growth in median property values or capital gain over the last 12 months. Brunswick West is one of 2098 in our list for VIC
Brunswick West,3055 was ranked 253 in Australia by increase in median property value over the quarter.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Brunswick West, 3055. Typically our figures indicate that -4.11% is being offered, which puts this VIC suburb at 3193th most discounted overall in Australia.
If you compare the increase in value of investment property in Brunswick West, 3055 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was -3.56%.
While Brunswick West,3055 ranked number 317th in VIC for increase in median house value (annualised) increase, it is ranked 248th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Brunswick West is offering property investors an average of -5.12. This rate of discount on properties puts Suburb at number 169th in terms of most discounted suburbs in VIC
At number 734 in a list of fastest selling suburbs, Brunswick West is just in the top half of suburbs in Australia with an average of days on market 77.5 for properties listed there.
Using the current median advertised rental of $330 and the average annual increase in value of a median property of 5.03%, investors should hope to achieve an overall return of 4.30%