Brown Hill has had a A very good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 25.79% to date .
While Brown Hill,3350 ranked number 340th in VIC for increase in median house value (annualised) increase, it is ranked 379th over the last 5 years.
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 Brown Hill, 3350. Typically our figures indicate that -5.61% is being offered, which puts this VIC suburb at 2063th most discounted overall in Australia.
On average over the past year, suburb has had 6.67 sales per month, which equates to 80 per year.
A $270 per week rent on the median house gives suburb investors a gross yield of circa 4.04%, without taking into account capital value appreciation, which has been averaging out at 4.88%.
Property value increases in Brown Hill have tracked lower than the VIC average of 4.26% over the last 12 months.
When looking at the potential capital gains offered to property investors over the last 3 years, Brown Hill comes in at number 349th in VIC.