Just 10km from Melbourne's CBD, Braybrook is a very multicultural suburb with a rich community and is very well connected based on its transport links. It has good medical facilities, schools, and shopping centres nearby, with gentrification happening in the area. Rental yields are also solid.
It's one of the rare suburbs that are affordable so close to Melbourne's CBD, and provides good value with capital growth potential given it has only seen growth of 1.94% annually over a 10-year period.
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Median Price / Capital Growth - $747,500, has seen 1.94% annual compound growth in the last 10 years.
Rental Yield - 4.23%
Population - 9,674
Vacancy Rate - 0.61%
Vendor Discount Rate - -4.88%