Property value increases in Brown Hill have tracked just higher than the VIC average of 4.75% over the last 12 months.
When looking at the potential capital gains offered to property investors over the last 3 years, Brown Hill comes in at number 54th in VIC.
Brown Hill3350 is located in VIC which offers an average discount of -6.20% to property investors. Brown Hill itself is showing figures that indicate -5.49% is the average achievable by property buyers investing in the suburb.
Brown Hill, 3350’s gross rental yield is 4.15%
Over the last year, property investments in Brown Hill, 3350 have given investors a capital gain of 8.87%. This compares favourably with the 3.42% for VIC as a whole.
Brown Hill,3350 was ranked 105 in Australia by increase in median property value over the quarter.
Property investors looking for a bargain in Brown Hill should be aiming for at least -3.86% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 18 properties changed hands in Brown Hill, which puts it as the 275th most active market in VIC when comparing the number of sales per suburb.
Advertised rents are around the $282.5 mark per week – giving a return of 5.44% based on the median price in Suburb