Property investors enjoyed capital gains of 24% over the last 12 months in BROWNS PLAINS, translating to lower returns compared with its peers in QLD.
Figures from the previous quarter show that capital gains for real estate buyers in BROWNS PLAINS are low, as opposed to average gains per annum over the past five years.
The suburb posted a 55% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.
This number can mean, real estate investors could earn a rental income of $580 based on current median home prices for the suburb.
On average, rents on listings have reached the $580 mark, reflecting a 3.47% increase in returns based on the current median price in BROWNS PLAINS.
BROWNS PLAINS, 4118 ranks 112th in QLD in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 497th on the list of best yielding suburbs for rental properties in QLD, posting a 3.47% return.
Property investors have seen a 4.44% gain in BROWNS PLAINS based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on BROWNS PLAINS, 4118 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 19.91%.
Based on its average 5-year and quarterly capital gains BROWNS PLAINS, 4118 saw average growth in the long term.
BROWNS PLAINS, 4118 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $647,500.
Profits due to an upward trend in home prices in BROWNS PLAINS, 4118 averaged 31.09% per annum over a 3-year period.
This number can mean, real estate investors could earn a rental income of $570 based on current median home prices for the suburb.
The gross rental yield in BROWNS PLAINS, 4118 is 4.58%.
An average of 2.67 real estate transactions take place per month in BROWNS PLAINS which translates to 32 per annum.