Property value increases in Browns Plains have tracked close to the QLD average of 12.16% over the last 12 months.
Across a shorter period, Browns Plains, 4118 has seen a median price increase of 4.89% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Browns Plains is offering property investors an average of -4.90. This rate of discount on properties puts Suburb at number 201th in terms of most discounted suburbs in QLD
The QLD suburb of Browns Plains, 4118 is in the Logan (C) local government area.
Browns Plains is an average performer in QLD when comparing median price capital growth over the last year. Browns Plains gave property investors a average capital gain figure when compared to the rest of the state, with 6.74%.
While Browns Plains,4118 ranked number 187th in QLD for increase in median house value (annualised) increase, it is ranked 262th over the last 5 years.
Property investors looking for a bargain in Browns Plains should be aiming for at least -4.34% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 4.33 sales per month, which equates to 52 per year.
Advertised rents are around the $340 mark per week – giving a return of 6.87% based on the median price in Suburb