With a capital gain of -3.32% for the last 12 months, Brahma Lodge, 5109 has performed for property investments than its average annual 1.88% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Brahma Lodge has given property investors a paper return of 0.10%. This puts Suburb as 233 on a list of fastest fasting appreciating suburbs in SA
Sellers are offering property buyers an average discount of -6.41% to buyers in Brahma Lodge at the moment, which is less than average for the rest of SA.
Residents and property investors in Brahma Lodge have been waiting around 92.02 days to sell a property.
With the median price for a house in Brahma Lodge being $262250 and the advertised rent reaching $305 the gross rental yield for property investors calculates out to be 6.05%
The suburb of Brahma Lodge, named for the trotting horse stud that was once located in the area, recorded a sharp drop in housing stock over the past 12 months leading up to November 2017Full summary
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House supply is down in low-priced suburb
Median house price: $266,000
Stock on market: -32.3%
12-month growth: -3.6%
The suburb of Brahma Lodge, named for the trotting horse stud that was once located in the area, recorded a sharp drop in housing stock over the past 12 months leading up to November 2017.
Prices in this suburb fell by 3.6% in the same period following a consistent stretch of positive growth over the most recent five-year period, although the November 2017 quarter indicated some recovery through a 0.2% increase in values. The median house price comes in at just $266,000, making Brahma Lodge highly affordable. The average yield is quite high at 5.8%.
The suburb’s centre is home to Brahma Lodge Primary School. After school, kids can head to Cockburn Green or Brahma Lodge Oval for recreation. The Salisbury town centre is also only a short distance away.