Property investors who have had real estate in Browns Plains, 4118 should be relatively pleased with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 5.95%
Across a shorter period, Browns Plains, 4118 has seen a median price increase of 1.92% over the last quarter.
At number 660th of QLD’s most discounted properties, Browns Plains is in the TOP 30% of the state/territory when listing in order of most discounted to least.
Property investors should expect to get $350 weekly from the median priced house in this suburb.
Property value increases in Browns Plains have tracked close to the QLD average of 0.23% over the last 12 months.
Browns Plains,4118 has offered an average of 0.75% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Browns Plains is offering property investors an average of -5.94. This rate of discount on properties puts Suburb at number 262th in terms of most discounted suburbs in QLD
Often selling an investment property can take time, and in Browns Plains the average time real estate has been on the market is 77.5 days.
Using the current median advertised rental of $352.5 and the average annual increase in value of a median property of -0.42%, investors should hope to achieve an overall return of 6.87%