BROADMEADOWS 3047
State: VICPosiProp AI Investment Summary
BROADMEADOWS (VIC 3047) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.2% and has experienced a 12-month capital growth of Up 8.2%, with a median house buy price of $660,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$532,500
$660,000
$680,500
$660,000
Suburb Market Profile
Last month Broadmeadows had 54 properties available for rent and 39 properties for sale. Median property prices over the last year range from $660,000 for houses to $499,250 for units. If you are looking for an investment property, consider houses in Broadmeadows rent out for $520 PW with an annual rental yield of 4.2% and units rent for $500 PW with a rental yield of 5.2%. Broadmeadows has seen an annual compound growth rate of 8.2% for houses and 5.7% for units.
Top Yielding Suburbs in VIC
Explore other high-yield positive cash flow investment markets in VIC