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Investment Property Broadmeadows, VIC, 3047

Suburb Snapshot

Broadmeadows is a suburb in the Hume Region of Victoria. Broadmeadows has a population of 11,962 people and 39.69% of its occupants live in rental accommodation. The median listing price for houses is $520,000 and this has changed 4.00% over the past year and changed -5.46% over 2 years.

The median rent in Broadmeadows for houses is $470 per week and the median rental yield is 4.70%. Stock on the market for houses/townhouses has changed -30.00% compared to last year and the average time to sell a house/townhouse is 101 days.The median listing price for units is $404,000 and this has changed 3.58% over the past year. The average unit takes 73 days to sell and the median rent for a unit in Broadmeadows is $450 per week, producing a rental yield of 5.79%.

Supply & Demand in Broadmeadows, Hume

1.13%

Current vacancy rate


58

Rental stock available


11,962

Population


39.69%

Rental population


1.12%

Current vacancy rate


1,070

Rental stock available


197,377

Population


22.26%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for Broadmeadows, Hume

  House Townhouses Units
Median listing price $520,000 $470,000 $404,000
Median price change - last quarter 0.97% 3.33% 1.00%
Median price change - 1 year 4.00% 3.29% 3.58%
Median price change - 2 years -5.46% -2.09% 3.58%
  House Townhouses Units
Median weekly rent $470 $490 $450
Median yield % 4.70% 5.42% 5.79%
Median rent change - 1 year 17.50% 13.95% 16.88%
  House Units
Previous month sales 13 1
Stock on market previous month 49 2
Stock variance vs. last year -30.00% -83.33%
Average days on market 101 73

Broadmeadows investment property listings

Showing 1 of 1 investment properties found in Broadmeadows on realestateinvestar.com.au

118 Waranga Cres, Broadmeadows

$595,000

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Prime Opportunity on a Generous Allotment in a Thriving Location

Perfectly positioned in one of Broadmeadows' most convenient pockets, 118 Waranga Crescent offers an exceptional opportunity for homeowners, investors, or developers looking to capitalise on strong growth and flexible zoning. Set on a substantial parcel of land, this charming home combines ...

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VIC 3047


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