VIC has seen average median house prices change by 10.43% which means that Brown Hill, 3350 has done well for property investors by showing a capital gain of 16.39% over the last year
If we look at median property appreciation over just the last three months, Brown Hill has given property investors a paper return of 3.88%. This puts Suburb as 255 on a list of fastest fasting appreciating suburbs in VIC
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.53% offered to property buyers. Sellers in Brown Hill itself are offering an average vendor discount of -4.62% to real estate investors.
A $280 per week rent on the median house gives suburb investors a gross yield of circa 4.10%, without taking into account capital value appreciation, which has been averaging out at 5.02%.
VIC has seen average median house prices change by 4.79% which means that Brown Hill, 3350 has done well for property investors by showing a capital gain of -3.00% over the last year
Brown Hill is 37th on a list of best yielding suburbs for rents in VIC with a 5.58% return