Giving property investors a an unimpressive capital gain of -0.19% for the last year, Brahma Lodge, 5109 is the 2799th highest performer in Australia in this respect.
Over the longer term, Brahma Lodge has seen property prices show investors a -1.85% return over the last 3 years. This is an improvement over the last 12 months
Our latest figures would indicate that property sellers in Brahma Lodge are currently offering property investors an average price cut of -5.69% below the asking price at the moment.
Brahma Lodge is 64th on a list of best yielding suburbs for rents in SA with a 6.13% return
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.