BROADMEADOWS ranks 88th in VIC when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of 33.21% for the past year is higher than average compared to its 72.54% growth within a five-year period.
Also in BROADMEADOWS, the median home price is sitting at $543,500, and the average rent at $330, this suggests property owners could potentially earn a 3.16% increase in gross rental yield.
Property investors have seen a 6.26% gain in BROADMEADOWS based on an increase in median home prices for the past three months.
They believe that homeowners and real estate investors betting on BROADMEADOWS, 3047 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 33.21%.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 10.06% growth over a ten-year period. It ranks 3273rd on our list of suburbs that property investors should look into.
A steady increase in median property prices over a five-year period in BROADMEADOWS, 3047 translates to a 19.66% capital gain.
BROADMEADOWS, 3047 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 $356,000.
Augmented property values in BROADMEADOWS are trailing above the VIC average of 7.21% for the past year.
Real estate investors could earn a rental income of $330 based on current median home prices for the suburb.
Home owners selling their properties and realtors in BROADMEADOWS usually have to wait an average of 58.7 days days before their assets are lifted off the market.
BROADMEADOWS ranks 81st on the list of best yielding suburbs for rental properties in VIC, posting a 4.82% return.
BROADMEADOWS, 3047 places 143rd in Australia based on median property value growth during the quarter.