With a capital gain of 3.84% for the last 12 months, Breakwater, 3219 has performed for property investments than its average annual 4.70% property growth over the last 5 years.
Breakwater,3219 has offered an average of 3.84% return per annum in house price rises to property investors over the last three years.
Breakwater, 3219 is offering VIC ‘s 314th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this VIC.
On average over the past year, suburb has had 1.67 sales per month, which equates to 20 per year.
Using the current median advertised rental of $300 and the average annual increase in value of a median property of 4.70%, investors should hope to achieve an overall return of 5.62%
At number 101th of VIC’s most discounted properties, Breakwater is in the bottom 40% of the state/territory when listing in order of most discounted to least.
At number 1029 in a list of fastest selling suburbs, Breakwater is in the bottom 40% of suburbs in Australia with an average of days on market 93.27 for properties listed there.