VIC has seen average median house prices change by 8.12% which means that Brown Hill, 3350 has done well for property investors by showing a capital gain of 18.18% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Brown Hill has increased when compared to the 5 year average annual rate.
Vendor discounting in Brown Hill is giving property investors an average Vendor Discount of around -6.68%. This puts suburb at number 191th in VIC when ranking the most discounted suburbs.
Residents and property investors in Brown Hill have been waiting around 108.5 days to sell a property.
Brown Hill is 211th on a list of best yielding suburbs for rents in VIC with a 4.32% return
If you compare the increase in value of investment property in Brown Hill, 3350 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 -3.61%.
Over the longer term, Brown Hill has seen property prices show investors a -3.52% return over the last 3 years. This is worse than over the last 12 months
Renters in Suburb are facing rents around $2940 per annum or $245 every week.