Property value increases in Breakwater have tracked just lower than the VIC average of 8.27% over the last 12 months.
The five-year average increase in median property values for Breakwater,3219 has given property investors a potential capital gain of 11.60% across each of those five years.
Property buyers and investors in Breakwater 3219 should be seeing an average reduction in asking price of around -5.90% . This means that Breakwater is holding prices well when compared to other suburbs in VIC.
At number 1038 in a list of fastest selling suburbs, Breakwater is in the TOP 30% of suburbs in Australia with an average of days on market 62.23 for properties listed there.
A $300 per week rent on the median house gives suburb investors a gross yield of circa 5.59%, without taking into account capital value appreciation, which has been averaging out at 4.63%.