Property value increases in Brunswick East have tracked higher than the VIC average of 8.96% over the last 12 months.
Brunswick East,3057 was ranked 227 in Australia by increase in median property value over the quarter.
Vendor discounting in Brunswick East is giving property investors an average Vendor Discount of around -0.80%. This puts suburb at number 628th in VIC when ranking the most discounted suburbs.
In the last year 65 properties changed hands in Brunswick East, which puts it as the 379th most active market in VIC when comparing the number of sales per suburb.
Brunswick East is 411th on a list of best yielding suburbs for rents in VIC with a 2.94% return
Property value increases in Brunswick East have tracked just lower than the VIC average of 4.26% 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 Brunswick East has increased when compared to the 5 year average annual rate.
Property investors looking for a bargain in Brunswick East should be aiming for at least -5.96% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Brunswick East the average time real estate has been on the market is 90.93 days.
Advertised rents are around the $400 mark per week – giving a return of 4.07% based on the median price in Suburb