Property value increases in Broadford have tracked lower than the VIC average of 8.23% over the last 12 months.
The five-year average increase in median property values for Broadford,3658 has given property investors a potential capital gain of 8.91% across each of those five years.
At number 266th of VIC’s most discounted properties, Broadford is in the middle of the state/territory when listing in order of most discounted to least.
Often selling an investment property can take time, and in Broadford the average time real estate has been on the market is 72.52 days.
A $300 per week rent on the median house gives suburb investors a gross yield of circa 5.67%, without taking into account capital value appreciation, which has been averaging out at 3.74%.