VIC/
Braybrook

Suburb Profile

Braybrook - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3019

house
unit

Property investments in BRAYBROOK fare well against the rest of the country last year, registering a median home price increase of 13.79%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains BRAYBROOK, 3019 saw average growth in the long term.

Real estate investors could earn a rental income of $325 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 47.4 days.

Besides that, the Australian suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $660,000.

BRAYBROOK ranks 443rd on the list of best yielding suburbs for rental properties in VIC, posting a 2.56% return.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $660,000 $471,000
GROWTH REPORT
Median Quarterly 1.54% 3.52%
Median 12 month 13.79% 3.4%
Median 3 years 40.43% 17.75%
Median 5 years 64.59% 36.52%
10 years average annual 10.25% 5.78%
Weekly media advert. rent $325 $360
Time on Market 47.4 days 36.0 days
Gross Rental Yield Percent 2.56% 3.97%
demographics (median values)
Total Population
6941
Weekly Household Income
586.9
Household Size
2.70
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