BLOG: Make sure your property manager isn’t taking you for a ride
We have some exceptional property managers who do the heavy lifting for us in our portfolios. They’re a very important part of our asset m...
Property investments in BROWN HILL fare well against the rest of the country last year, registering a median home price increase of -2.29%.
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 $285 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 54.4 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 $351,250.
BROWN HILL ranks 145th on the list of best yielding suburbs for rental properties in VIC, posting a 4.22% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $351,250 | $251,499 |
| GROWTH REPORT | ||
| Median Quarterly | 0.79% | -2.33% |
| Median 12 month | -2.29% | 3.71% |
| Median 3 years | 31.31% | 3.29% |
| Median 5 years | 20.63% | N/A |
| 10 years average annual | 5.39% | 2.73% |
| Weekly media advert. rent | $285 | $260 |
| Time on Market | 54.4 days | 0.0 days |
| Gross Rental Yield Percent | 4.22% | 5.38% |
We have some exceptional property managers who do the heavy lifting for us in our portfolios. They’re a very important part of our asset m...
The Federal Court has imposed a record penalty against a property spruiker and his firm for false or misleading representations about how pe...
Laws and regulations are making it easier for tenants to keep pets in your investment property. Here are five ways you can pet-proof and pro...
Despite the softening of major property markets, particularly Sydney and Melbourne, experts believe that investment opportunities remain for...
Fresh data shows the apartment market is continuing to evolve and subdue, based on a series of factors including supply, sentiment and finan...
Sydney's South-West is the beneficiary of major government spend and redevelopment, and some of its suburbs have seen double-digit growth in...