Browns Plains is conveniently located at the cross over of the Gateway Motorway and Logan Motorway, with easy access into the city or down the Gold Coast. Browns Plains has expanded rapidly over the last 15 years becoming a hub of businesses, both professional and industrial.
Browns Plains consists of numerous commercial facilities on Browns Plains Road, including the Grand Plaza Shopping Complex which opened in 1994 and was extended 13 years later. Grand Plaza has 170 specialty stores, Big W, Target, Kmart, Woolworths, and Cinema complex.
In 2011, 54.6% of the homes in Browns Plains were owner-occupied compared with 51.4% in 2016. The current vacancy rate is sitting at 1.42%, as of September 2021.
Mostly suited to young families or singles, there are loads of parks and different activities for the family!
Browns Plains offers larger blocks which can be really effective and lucrative in alternative investment strategies such as subdividing and granny flat construction. Make sure you look at the numbers and also consider future land releases in the area to ensure the strategy is right for you.
|Median weekly rent||$365||$350||NA|
|Median yield %||4.93%||6.76%||NA|
|Median rent change - 1 year||1.38%||0.00%|