Property investors who have had real estate in Breakwater, 3219 should be pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 22.58%
Breakwater,3219 was ranked 162 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Breakwater is offering property investors an average of -5.39. This rate of discount on properties puts Suburb at number 609th in terms of most discounted suburbs in VIC
In the last year 12 properties changed hands in Breakwater, which puts it as the 360th most active market in VIC when comparing the number of sales per suburb.