If you compare the increase in value of investment property in Browns Plains, 4118 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was 1.07%.
The five-year average increase in median property values for Browns Plains,4118 has given property investors a potential capital gain of 20.59% across each of those five years.
Our latest figures would indicate that property sellers in Browns Plains are currently offering property investors an average price cut of -5.47% below the asking price at the moment.
Residents and property investors in Browns Plains have been waiting around 61.76 days to sell a property.
Using the current median advertised rental of $350 and the average annual increase in value of a median property of 1.77%, investors should hope to achieve an overall return of 5.12%
With a capital gain of 1.32% for the last 12 months, Browns Plains, 4118 has performed for property investments than its average annual -0.07% property growth over the last 5 years.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Browns Plains has fallen somewhat when compared to the 5 year average annual rate.
Browns Plains4118 is located in QLD which offers an average discount of -5.76% to property investors. Browns Plains itself is showing figures that indicate -4.10% is the average achievable by property buyers investing in the suburb.
A $355 per week rent on the median house gives suburb investors a gross yield of circa 6.89%, without taking into account capital value appreciation, which has been averaging out at -0.07%.