Brunswick West is an average performer in VIC when comparing median price capital growth over the last year. Brunswick West gave property investors a good capital gain figure when compared to the rest of the state, with 16.12%.
While Brunswick West,3055 ranked number 453th in VIC for increase in median house value (annualised) increase, it is ranked 125th over the last 5 years.
A $540 per week rent on the median house gives suburb investors a gross yield of circa 2.62%, without taking into account capital value appreciation, which has been averaging out at 8.11%.
Brunswick West, 3055 ranked 292th in VIC when comparing growth in median property values or capital gain over the last 12 months. Brunswick West is one of 2098 in our list for VIC
Brunswick West,3055 was ranked 643 in Australia by increase in median property value over the quarter.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -2.36% offered to property buyers. Sellers in Brunswick West itself are offering an average vendor discount of -2.78% to real estate investors.
Using the current median advertised rental of $350 and the average annual increase in value of a median property of 5.05%, investors should hope to achieve an overall return of 4.30%