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AREA REPORTS

Broadmeadows

Suburb Profile

Broadmeadows - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3047

house
unit
BROADMEADOWS ranks 319th in VIC when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of -5.53% for the past year is lower than average compared to its 51.66% growth within a five-year period.

Also in BROADMEADOWS, the median home price is sitting at $525,500, and the average rent at $350, this suggests property owners could potentially earn a 3.46% increase in gross rental yield.

Property investors have seen a 0.1% gain in BROADMEADOWS based on an increase in median home prices for the past three months.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 5.54% growth over a ten-year period. It ranks 1406th on our list of suburbs that property investors should look into.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $525,500 $397,500
GROWTH REPORT
Median Quarterly 0.1% 2.32%
Median 12 month -5.53% -2.57%
Median 3 years 25.12% 20.45%
Median 5 years 51.66% 34.75%
10 years average annual 5.54% 3.22%
Weekly media advert. rent $350 $370
Time on Market 82.5 days 77.3 days
Gross Rental Yield Percent 3.46% 4.84%
demographics (median values)
Total Population
9986
Weekly Household Income
621.2
Household Size
2.90
demographics
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