Powered by MOMENTUM MEDIA
AREA REPORTS

Brown Hill

Suburb Profile

Brown Hill - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3350

house
unit

Property investments in BROWN HILL fare well against the rest of the country last year, registering a median home price increase of 10.8%.

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 BROWN HILL, 3350 saw average growth in the long term.

Real estate investors could earn a rental income of $370 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 48.6 days.

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

Property investors perceived the median home price rise to $448,750.

BROWN HILL ranks 161st on the list of best yielding suburbs for rental properties in VIC, posting a 4.29% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $448,750 $293,000
GROWTH REPORT
Median Quarterly 0.56% 1.38%
Median 12 month 10.8% 6.93%
Median 3 years 31.31% 31.39%
Median 5 years 48.59% 20.82%
10 years average annual 6.31% 3.97%
Weekly media advert. rent $370 $310
Time on Market 48.6 days 24.5 days
Gross Rental Yield Percent 4.29% 5.5%
demographics (median values)
Total Population
2058
Weekly Household Income
816.4
Household Size
2.40
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

How to navigate rent negotiations

How to navigate rent negotiations

NSW Fair Trading has clarified what landlords in the state can do should they find themselves in a position of negotiating a rental agreemen...

How is the residential real estate market tracking?

New research has shed light on the current state of the residential real estate market, noting the worst is likely behind us as restrictions...

housing market

‘No signs of distress yet visible in housing market’

While the current crisis could exacerbate high mortgage debt, there are currently no signs of distress visible in the housing market, accord...

Responsible lending

Responsible lending leeway ‘put to the test’ by COVID-19

The COVID-19 crisis will bring to light the effectiveness of principles-based responsible lending guidance, according to ASIC chair James Sh...

Property market

Property market update: Sydney, April 2020

After several weeks of lockdown measures and the beginning of a gradual easing into a “new normal”, how will Sydney – one of Australia...

Auction preliminary clearance rate

Auction preliminary clearance rate back above 70%

The week concluding 24 May has seen the highest preliminary auction clearance for the combined capital cities since early March. ...

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.